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Agent's details

Property agent
Steven Flannighan

2a Norbury Crescent, Norbury, London

For sale: £695,000.00|Land, Commercial Land

Property details

FOR SALE£695,000.00
ADDRESS2a Norbury Crescent, Norbury, London
TYPELand, Commercial Land
TENUREDevelopment Opportunity, For Sale Freehold
POSTED ON1st November 2021

Description

An opportunity to purchase a freehold office building in the centre of Norbury which benefits from permitted development rights to convert and extend the existing building to provide 5 one bedroom flats in total.

The property benefits from four separate planning consents which all work in conjunction with one another to enable a 5 unit scheme to be built- These successful applications include approval under PD for the conversion of the existing building to form four 1 bedroom flats, two full planning approvals for external fa�ade changes to approve the aesthetic of the building and another approval under PD for an additional storey to create a new 1 bedroom flat.

The properties town centre location, and ease of conversion/extension works along with its 'Help to Buy' qualifying re-sales and strong rental values are likely to hearten potential buyers.
( Agency Pilot Software Ref: 30484 )

Location

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Location: 2a Norbury Crescent, Norbury, London

Tooting Broadway (2.3 miles)

Tooting Bec (2.4 miles)

Colliers Wood (2.5 miles)

Norbury (0.1 miles)

Streatham Common (0.8 miles)

Streatham (1.1 miles)

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