Guide price
£1,500,000
(£374.30/sq. ft)
Land for sale2-4 Greenford Road, Sutton, Surrey SM1
4,008 sq. ft
About this property
Consented development site for sale
Planning permission granted for a six-storey scheme comprising 19 private residential units and a ground floor commercial unit
No affordable housing provision and no Gateway 2 requirements
Site held within a project-specific spv
Opportunity to acquire the spv, with stamp duty on share transfer at 0.5%
Guide Price: £1,500,000 F/H, with the benefit of planning permission
The site extends to approximately 0.092 acres and currently comprises an existing buildings of approximately 2,067 sqft (192sqm). Planning permission has been granted for the redevelopment of the site to provide a six-storey mixed-use scheme, comprising 19 private residential units together with a ground floor commercial unit.
The scheme benefits from no affordable housing requirement and no Gateway 2 obligations, offering a streamlined route to delivery. The site is held within a project-specific spv with an opportunity to acquire the spv, with stamp duty payable on the share transfer at 0.5%.
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