Freehold Development Opportunity in South London
SELSDON PARK ROAD, SOUTH CROYDON CR2
An opportunity to purchase two properties with significant development potential in a highly accessible location.
The site measures 0.51 acres and includes 54 and 56 Selsdon Park Road. 56 Selsdon Park is a 3-bedroom residential bungalow which measures approximately 129sqm in size. Located directly behind 56 Selsdon Park Road is 54 Selsdon Park Road. This two-storey residential property measures approximately 297sqm in total. This property has its own private access to the main road which runs via the right-hand side of 56 Selsdon Park Road.
The London Borough of Croydon local plan has identified this area (Forestdale Neighbourhood) as part of its Intensification and Revitalisation Zone. The local polices states “areas with established infrastructure but relatively low density and the potential to accommodate a significant increase in residential development”. Therefore, we would consider a residential-led redevelopment scheme or a change of use to be feasible subject to planning permission.
Unconditional offers in the excess of £2,000,000.