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11 Bramley Hill, Croydon, Surrey Residential development for sale
11 Bramley Hill, Croydon, Surrey
£1,400,000
11 Bramley Hill, Croydon, Surrey
£1,400,000
Our Summary
- There is a planning application pending with Croydon Council
- Detached building of 380sqm / 4,090sqft GEA with residential development potential
- Guide Price £1,400,000 F/H with planning permission and vacant possession
- Opportunity to sell completed development or create a high yielding investment
- Planning application pending to convert and extend to provide 14 x 1 private flats
Description
This rare opportunity presents a detached building from the 1960s, currently vacant and formerly used as offices and a health centre, with a total floor area of 340 square meters gross internal area and 380 square meters gross external area. Planning permission is pending with Croydon Council to convert and extend the property into 14 private one-bedroom flats. This development offers flexible options for investors or developers to either sell the completed project or retain it as an investment, with an estimated rental value of £215,000 to £225,000 per annum gross.