#REF 11959

£575,000

Selsdon Road, South Croydon

Capital Estate Agents are pleased to offer to the market this entire freehold, shop and…

Full property description

A good opportunity to acquire this entire freehold with expired planning permission to convert the upper parts into two flats, previous reference for this is – 17/06183/FUL (Erection of second floor rear extension; change of use of first and second floor 3 bedroom flat into 2 units (2 x 1 bed).

The current owners are in the process of renewing the planning and this should be granted before completion.

The property will be sold vacant possession, free for the new owner to seek their own plans. Estimated rental on the shop, circa £15,000 to £20,000 per year and the two flats above should be circa £1250/£1300. (Potential income – circa £50,000 per year.

IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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