An opportunity to purchase two properties with significant development potential in a highly accessible location.
The site measures 0.51 acres and includes 54 and 56 Selsdon Park Road. 56 Selsdon Park is a 3-bedroom residential bungalow which measures approximately 129 sqm in size. Located directly behind 56 Selsdon Park Road is 54 Selsdon Park Road. This two-storey property measures 297 sqm in total. This property has its own private access to the main road which runs via the right-hand side of 56 Selsdon park Road. The London Borough of Croydon Local Plan has identified this area (Forestdale Neighbourhood) as part of its Intensification and Revitalisation Zone.
Therefore, we would consider a residential led redevelopment scheme or a change of use to be feasible subject to planning permission.
Development Potential
56 Selsdon Park Road, is a detached bungalow on a separate title with front and rear garden.
54 Selsdon Park Road benefits from a positive planning history for commercial users. In December 2019, 54 Selsdon Park Road was granted full planning consent for a change of use from a Children’s Home (C2 use class) to a Day Care Nursery (E class) for up to 46 Children (18/04998/FUL). The recent application creates an opportunity for various uses such as a Medical, Day Nursery Centre, Retirement Home or any similar commercial businesses alike, subject to planning permission.
In 2022 and 2024 the site was refused planning for a 21 and 22 unit residential flatted scheme respectively. The reasons for refusal were predominantly design led. A housing or flatted scheme is deemed feasible on the site subject to gaining the relevant planning consents. Additionally, 54 Selsdon Park Road could lend itself to a permitted development to residential houses or flats.
We encourage all interested parties to conduct their own research on the feasibility of the site.
Location
The property is located in South Croydon sitting between Selsdon and Addington. They are plenty of amenities nearby including Addington Road High street which plays host to a parade of shops and supermarkets. Croydon Shopping centre is 12 minutes’ drive which is accessible via A1212.
The A232 runs to the North of the site, which offers excellent access to M25. Sanderstead station is only an 8-minute drive away and can provide trains to London Victoria within 23 minutes making the location popular with commuters.
Accommodation
54 Selsdon Park Road - 297 sq m (3,197 sq ft)
56 Selsdon Park Road - 129 sq m (1,389 sq ft)
Terms
Tenure - Freehold
Price - £2,000,000
Specification
- 0.51 acres of land comprising of 2 detached buildings
- Situated within the Forestdale Neighbourhood Intensification Zone (Part of London Borough of Croydon Local Plan)
- The site may also appeal to a variety of commercial uses including Care Homes, Hotels, Doctors Surgeries or Day Nurseries
- A residential scheme of 4-5 storeys maybe feasible subject to planning permission
- Planning was granted in 2019 for a Day Nursery
- Close proximity to the local high street, supermarkets and transport links
- Offers in excess of £2,000,000
- Unconditional offers are encouraged, and vacant possession