Summary - 100, Canterbury Road, CROYDON CR0 3HA
1 bed 1 bath Plot
**Standout Features:**
- Planning permission granted for 5 new terraced houses.
- Large freehold plot situated in a central Croydon location.
- Excellent public transport links, including nearby bus routes and tram services.
- Ideal for private development.
**Concerns:**
- CIL fee of £76,000 incurred with development.
- A property in a crime area with some reported deprivation.
- Potential access issues due to urban density.
**Summary Description:**
This prime development site on Canterbury Road in Croydon presents an exciting opportunity for investors and developers looking to build a new residential project. With planning permission already secured for the demolition of existing garages and the construction of five modern terraced houses, this freehold plot of substantial size offers great future potential. Located just a stone's throw from numerous public transport options, such as buses and tram services, the property provides convenient access to Croydon Town Centre and beyond.
While the area does have an above-average crime rate and is classified as deprived, the potential for rental income and new residential homes makes this an attractive investment. With the added knowledge of the site’s CIL obligation of £76,000, interested parties should act quickly to take advantage of this unique opportunity. For those seeking to develop in a bustling urban locale that caters to young communities, this plot holds significant promise and flexibility for future renovations or expansions. Don’t miss out on the chance to transform this prime location into a thriving housing project.
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