Penge, Crystal Palace

POA
Residential Development Opportunity in Penge, Crystal Palace
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  • Ref: 223774
  • Type: Land
  • Availability: Available
0.66 Acres

Property Features

  • Positive pre-application for development of land for residential development
  • 22 Flats (mixture of 1 and 2 beds) in 3 storey L shaped apartment block fronting Oakfield Road
  • Plus 6 x 2 storey, 3 bed terraced houses
  • 0.66 acres

Full Details

The site provides a rectangular cleared site between a medical centre and a three storey self-storage facility close to residential dwellings.

Location
Penge is locate in South East London within the London Borough of Bromley in the county of Surrey.

Penge is located 3.5 miles west of Bromley, 3.7 miles north east of Croydon and 7.1 miles south east of Charing Cross. Crystal Palace is approximately 1.9 miles to the west.

The site is in a prominent main road location towards the southern end of Oakfield Road close to its junction with Annerley Station Road and Cambridge Grove.

The site is less than 1/2 mile from Annerley and Penge West Train Stations and within 250m of the Annerley Station Road bus terminus.

Proposed Development
We have received a positive pre-application response from Bromley (The London Borough) for the development of the land for residential development, comprising 22 flats (mixture of 1 and 2 beds) in a three storey L shaped apartment block fronting Oakfield Road and 6 two storey 3 bed terraced houses. Further details on request.

Planning
The development plan for the purposes of development in Penge is the Bromley Unitary Development Plan (UDP).

The last planning application under application number: 12/02307/FULL1 in 2012 was for the construction of a detailed church and meeting hall with 44 car parking spaces and new vehicular access from Cambridge Road.

Tenure
We understand the property is held on a freehold title with full vacant possession upon completion. Further details are available on request.

Money Laundering
Regulations require identification checks for all parties before purchasing a property.

Before progressing a purchase we will require both proof of identity and proof of funding.