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Violet Lane (R), London CR0 Plot for sale
Violet Lane, Croydon CR0
£300,000
Violet Lane, Croydon CR0
£300,000
Our Summary
- Small development opportunity for sale with planning granted
- Freehold development opportunity for sale
- Existing two bedroom maisonette with planning granted to convert the garage below and basement area to create a brand new 50 sqm studio flat with garden and parking space
- Planning was granted in October 2022 ref: 22/00584/ful for
- Development opportunity
- Planning granted
Description
This is a freehold development opportunity for sale, featuring an existing two-bedroom maisonette with planning granted to convert the garage and basement area into a brand new 50 sqm studio flat with garden and parking space. The property is located in a residential area with strong transport links, including a train station less than a mile away, and is surrounded by local amenities. The existing maisonette can be rented out for a ground rent income of £100 per annum, providing a steady income stream. The property is being sold with a guide price of £300,000, offering a unique opportunity for developers or investors to create a valuable and profitable property.