Auction House London

Lot 54

 

Lower Ground Floor

7 Newhaven Road, South Norwood, London, SE25 6JQ

£25,000+

Guide Price

A Residential Development Opportunity (subject to obtaining all necessary consents). Planning Permission has been Submitted to Create a One Bedroom Self-Contained Lower Ground Floor Flat.

Description

The property comprises a development opportunity to create a lower ground floor flat beneath an existing mid terrace house arranged over ground and two upper floors.

Tenure

Leasehold. The property will be held on a new 125 year lease upon completion.

Location

The property is situated in the South East London of South Norwood close to local shops and amenities. The open spaces of Heavers Meadow are within easy reach. Transport links are provided by Selhurst rail station.

Accommodation (2nd Column)

The proposed application is to excavate the area below the ground floor and to create a one bedroom self-contained flat measuring approximately 613 sq ft.

Planning (2nd Column)

Planning Permission (ref: 15/02243/P) was submitted to Croydon Council on 19th May 2015:
"Excavation to provide one bedroom flat at basement level and construction of lightwell"
Decision pending.

Note (2nd Column)

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Viewing Details

External viewings only. Excavation required.

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007

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Enquire about Lower Ground Floor, 7 Newhaven Road, South Norwood, London, SE25 6JQ

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