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Beech Av
1.28 Acres of Residential Land Offered at £2,800,000 in South Croydon CR2 0NN
Investment Highlights
- Prime development site in Sanderstead.
- Residential planning consent for 31 units.
- Excellent transport links to Croydon and central London.
- Site area of 1.28 acres (0.405 hectares).
- Opposite Purley Downs Golf Club and close to local amenities.
Executive Summary
On instructions of Administrators of Estate of J.M. Green.
Offers invited in excess of £2,800,000 excl. VAT for the Freehold interest with full vacant possession.
Offers to be received by 12.00midday Tuesday 17th December
The cottage is currently used as ancillary space to the main house. The buildings are currently occupied by a Charitable Housing Association, who have served Notice to vacate. Thre property will be sold with full vacant possession permitting immediate development.
Planning Application No. 21/06145/FUL was submitted to London Borough of Croydon on 15th December 2021.
The application was for demolition of the main house, removal of selected trees and erection of 2 x 4-storey buildings comprising 31 residential units plus 29 car parking spaces. The application did not include demolition of the cottage.
Following extensive discussions with the LBC planning department the application was refused on 27th July 2023 and went to Appeal. The appeal was successful and full planning consent was granted on 29th October 2024.
A previous planning application (Application number 20/00558/FUL) for 34 flats and associated car/cycle parking was successful at Appeal in July 2021.
Property Facts
| Price | £2,800,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Tenure | Freehold | Total Lot Size | 1.28 AC |
| No. Lots | 1 |
| Price | £2,800,000 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.28 AC |
1 Lot Available
Lot
| Price | £2,800,000 | Lot Size | 1.28 AC |
| Price Per AC | £2,187,500 |
| Price | £2,800,000 |
| Price Per AC | £2,187,500 |
| Lot Size | 1.28 AC |
The site is a corner plot fronting Purley Downs Road and Beech Avenue. It is approximately 1.28 acres comprises two buildings; a large two storey house a separate three-bedroom cottage, parking and garage and extensive grass and wooded areas.
Description
Located in Sanderstead, a wealthy primarily residential area in the London Borough of Croydon. Sanderstead is approximately 2.5 miles south of central Croydon. The premises occupy a corner plot at the junction of Purley Downs Road and Beech Avenue, opposite the popular Purley Downs Golf Club. The main high street of Sanderstead, Limpsfield Road, is approximately 1 mile to the south east and Purley High Street is 0.75 miles to the west. The area is a popular commuter location with good access to the M25 motorway via the A23 and the A22 with regular train links to central London from the two local train stations, Purley Oaks and Sanderstead, both c.0.5 miles to the north. Bus stops for local routes on Purley Downs Road are immediately next to the site boundary.
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Beech Av
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