Development,Investment for sale in St. James's Road, Croydon, Surrey
An opportunity to purchase two flats (ground & first floors) which benefit from planning permission for a two storey rear extension to create two large 2 bed flats in West Croydon. A purchaser will acquire a share of the freehold and the two flats will be granted new 125 year leases upon completion.
The proposed two bed flats will measure 970 sqft (basement) and 700 sqft (ground) respectively and both come with gardens. Each unit is well laid out and suitable for the area.
The conversion / extension would appear simple and straightforward, and the flats will be sold with vacant possession so developer can get started immediately!