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A Residential Development Opportunity (Subject to Obtaining all Necessary Consents).
The property comprises a development opportunity to create a lower ground floor flat beneath an existing mid terrace house arranged over ground and two upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 25th June 2021 (thus approximately 122 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Norwood Grove Park are within easy reach. Transport links are provided by Norbury and Gipsy Hill rail stations.
Accommodation
The buyer will be required to excavate the area below the ground floor in order to create a new self-contained flat (subject to obtaining all relevant consents).
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.