Property Details

GUIDE PRICE £1,850,000
Description

RESIDENTIAL DEVELOPMENT OPPORTUNITY EPSOM

House -

24 Epsom Lane North, Epsom, Surrey, KT20 5EH

Guide Price £1,850,000

 

LOCATION

Epsom is perfectly placed to benefit as much, if not more so, as any other well-connected, yet self- contained outlying community in London.
The existing infrastructure, already well-established quality housing market and aspirational lifestyle will undoubtedly translate into value increases. Rental demand is expected to follow suit as London’s population seeks the rewards Epsom has to offer.
The site is is just 10 minutes from Epsom railway station. From here, both London Victoria and London Waterloo are just 27 minutes away.
The Ashley Shopping Centre was opened by the Queen and with over 50 outlets and continues to serve as a vibrant hub of employment and community.
The site sits well with direct and unobstructed views of the rolling South Downs.

 

DESCRIPTION

The site comprises a scrap metal yard on the eastern side of Epsom Lane North. Presently in situ is an L shaped singe storey industrial building, with areas of open storage and hardstanding.
The development proposal seeks to establish either a 10 or 12 unit flatted scheme split across two blocks with associated basement car parking and landscaped gardens.
Well designed, all units are self contained and seek to provide spacious internal layouts.
The proposed flats would all meet the minimum space standards contained within the Nationally Described Space Standard (March 2015).

 

ACCOMMODATION

2 X 2 bed lower floor
4 X 2 bed ground floor
4 X 2 bed first floor
2 X 3 bed second floor

 

SUMMARY

Residential Development Opportunity

Freehold Site with planning permission submitted for both a 10 unit and 12 unit scheme

Direct unobstructed views of Epsom Downs and Close proximity to Epsom Race Course

10 Minutes from Epsom Town Centre and connections to Central London

Conveniently Located with close proximity to train and bus linksGDV In Excess of £6.5m

Offers Sought on a subject to planning deal in excess of £1,85m

TERMS

Freehold interest on a STP (Subject to Planning) basis.

VAT
The positon on VAT is to be confirmed.

ADDITIONAL INFORMATION
A full data room is available upon request.

Property Features
  • House

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Tommy Hughes
Founder & Senior Partner
Phone: 01438 870 585