Summary - 8A OAK WAY CROYDON CR0 7ST
3 bed 1 bath Detached Bungalow
Rare development or refurbishment opportunity in a peaceful Croydon cul‑de‑sac close to transport.
3 bedrooms, detached single-storey bungalow, approx. 883 sq ft
Large rear garden and unusually generous plot for the area
Off-street parking with substantial paved driveway
Requires renovation throughout; ready for refurbishment or rebuild
Offered at auction with unconditional sale terms and buyer’s premium
Proposed redevelopment plan exists, subject to planning permission
Medium flood risk — buyers should make their own enquiries
Single bathroom only; limited internal footprint for a 3-bed property
Set on an unusually large plot in a quiet cul-de-sac, this three-bedroom detached bungalow offers clear potential for redevelopment or refurbishment. The single-storey layout and generous rear garden suit an investor seeking extension opportunities or a developer exploring the site’s proposed redevelopment plan (subject to planning permission).
The property requires renovation throughout and is offered at auction with unconditional sale terms: 5% deposit on the fall of the hammer, a buyer’s premium (6% + VAT, minimum £5,000 + VAT) and completion typically required 28 days after the auction. These conditions make the lot attractive to cash-ready buyers or those prepared to move quickly.
Practical positives include a large driveway with off-street parking, freehold tenure, good local transport links and several well-rated primary and secondary schools nearby. Note the property footprint is modest at approximately 883 sq ft with one bathroom, and there is a medium flood risk which should be investigated by interested purchasers.
For buyers considering redevelopment, a proposed scheme has been prepared to replace the existing bungalow with a pair of semi‑detached houses and a detached bungalow, subject to planning permission. If approved, that option could materially increase value; if retained as a dwelling, the plot and garden provide strong scope for extension or full refurbishment.
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