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Residential development for sale
Mayday Road, Croydon CR7
POA
Mayday Road, Croydon CR7
POA
Our Summary
- - Residential Development Opportunity located within The London Borough of Croydon- Well located within a predominantly residential area within 1 mile of Croydon Town Centre- Freehold site extending to approximately 0
- 01 acres)- Available with vacant possession- The existing site comprises vacant commercial land, arranged to provide approximately 23,792 sq ft of mixed use storage and distribution units with ancillary office space, show room and service yard- The property benefits from planning permission (REF: 21/05412/FUL) granted for the demolition and redevelopment to provide 57 flats across three separate blocks over 3-4 storeys- S106 allocation for 20x Affordable Housing Residential flats; to be provided as 8x Shared Ownership flats and 12x London Affordable Rented flats- Unconditional offers are invited
Description
This is a residential development opportunity located in the London Borough of Croydon, situated within a mile of the town center. The freehold site spans approximately 1.01 acres and is currently occupied by a vacant commercial property with storage and distribution units, office space, and a service yard. The site has been granted planning permission to be redeveloped into 57 flats across three blocks, with a S106 allocation for 20 affordable housing units, comprising 8 shared ownership and 12 London affordable rented flats. The property is being sold with vacant possession and unconditional offers are invited.