We've been particularly busy with development site sales in South Croydon over the last couple of years, and our reputation put us in touch with the owners of an attractive site on the popular Purley Oaks Road.
After acquiring the site back in 2015 with an existing planning consent in place, we were asked to advise on the value of an improved scheme comprising 5 flats and 4 houses. A lengthy planning process, opportunities elsewhere and some confident advice from our development team had our new clients convinced that a sale was preferable to building the site.
With the sellers keen to utilise the proceeds of a sale in a relatively short space of time, they were keen to avoid even the relatively short delay of a marketing process. With this in mind, we quickly went to work and introduced a local developer who had recently missed out on another site. Contracts were exchanged within the month, and our clients were able to successfully deploy their newfound funds elsewhere.
We've been South London's leading development agent for over 20 years, and are perfectly placed to advise landowners and developers on up-to-the-minute residual land values.
PROJECT ADDRESS: 119 Purley Oaks Road, South Croydon CR2 0NY