Lower Ground Floor, 136 Brigstock Road, Thornton Heath

Surrey, CR7 7JB

£110,000 Guide Price
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Leasehold Development Opportunity with Planning Permission to Create Two Flats

Long leasehold with vacant possession.

This property is situated on the north side of Brigstock Road between its junction with Brood Road and Quadrant Road. An extensive range of shopping amenities can be found locally within Thornton Heath with a wider range of amenities being found at Centrale Shopping Centre in Croydon. Recreational pursuits include Compton Heath recreational ground to the north, with Mitcham Common to the west.
Public transport are provided by a network of local bus services, as well as Thornton Heath Railway Station. Road links include the A23 that provides access into central London to the north and to the M25 orbital motorway to the south.

The property comprises of a long leasehold basement area within a detached building. Planning Permission has been granted by Croydon Borough Council (application number 10/04045), for the excavation of the lower ground floor to create two dwellings comprising of a one bed flat and a studio apartment.

Planning Permission has been granted for the excavation of the lower ground floor and the creation of two dwellings comprising of a one bed flat with a reception, bedroom, kitchen, bathroom/WC, and a studio flat.

Refer to Auctioneer.
Definition of Guide Prices:

The guide price is an indication of the seller’s current minimum price expectation at auction and the guide price, or range of guide prices, is given to assist prospective purchasers. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period and bidders will be notified of this change on our website and by the auctioneer prior to the lot being offered.

Definition of Reserve Price:

The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. It is usual, but not always the case that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing and the Final Reserve Price will be agreed between the auctioneer and the seller prior to the auction sale. Whilst the reserve price is confidential it will usually be set within the quoted guide range and in any event will not exceed the highest quoted guide price.