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Our Summary
- An overage agreement is in place on this land and is triggered if planning is achieved, and a 25% charge is due on any uplift over £525,000
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Description
This attractive woodland parcel is located in the London Borough of Croydon, just off a residential road and close to housing. Its unique location offers a rare opportunity for recreational use, with excellent transport links and Central London just over 12 miles away. The woodland is situated in a highly sought-after and enviable area, with property prices 69% above the average, reflecting its desirability.
An overage agreement is in place, triggered by planning permission, which would result in a 25% charge on any uplift over £525,000.