Overview

Development opportunity for sale - Extend and convert the existing house to create 5 x flats

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  Description
  Freehold development opportunity to extend an existing semi detached house and sub divide to create
  5 x flats with 4 x parking spaces

  Location
  New Close is a cul de sac accessed via Phipps Bridge Road
  
  The area is residential and offers easy access to a number of retail shops and eateries popular with home buyers and tenants
  
  Nearest Station:
  Tramlink is just 0.2 miles with services from Wimbledon - New Addington
  Colliers Wood Underground Station (NL) 1.1 miles

  Planning
  Merton borough Council on 2nd February 2023 granted planning for ...
  
  Erection of a part single storey / part two storey rear extension, two storey side extension, rear dormer roof extension and conversion of house into 5 x self contained units with associated refuse / cycle storage, outside amenity space and 4 x off street parking spaces

  Key Measurements
  Total plot size: 364 sqm
  
  Existing house GIA: 71 sqm
  
  Proposed 5 flats GIA: 330 sqm

  CIL & S106
  CIL Liability £65,735
  
  S106 £0

  Data Room
  Password: new3

  Terms
  Offers in excess of £700,000 are invited for the Freehold with vacant possession
  
  SPV can be purchased

  Viewings
  The site is visible from the roadside - The house is tenanted and access to the garden or internal is strictly by appointment only
  
  Contact Sole Agents Christopher St James 020 8545 0591