Property photos
Freehold
Guide price
£250,000
(£11/sq. ft)
Land for sale
Overage Rights At Trafford Road, Thornton Heath CR723,522 sq. ft
Key Information
Local area information
Property location
Nearby amenities
- Gonville Academy 0.1 miles
- Paxton Academy Sports And Science 0.3 miles
- Thornton Heath 0.9 miles
- Norbury 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Overage rights only
- Thornton Heath
- Various potential uses - no planning history
- Total Site Area: 0.54 Acres
Planning Overage Rights, on soon to be developed buildings & land, Trafford Road, Thornton Heath, Croydon, Surrey, CR7 6DR
This purchase pertains to acquiring the planning overage rights attached to the property’s title. The buyer shall be entitled to 15% of the increase in land value from its current value, as a former bowling green to its re-evaluated worth following the approval of planning permissions. These entitlements will be valid for 80 years from April 2024.
The land owner does not have to submit a planning application – This can also be submitted by a third party to gain the overage trigger.
Full details of the overage registered with the Land Registry are available from the auctioneers and within the legal pack to download from the auctioneer’s website.
Gonville Bowling Club sits at the heart of Thornton Heath’s residential district, positioned on the south side of Trafford Road, which connects seamlessly to the A23 Thornton Road via Silverleigh Road. Immediate local amenities are readily accessible along Thornton Road, while more extensive shopping and recreational options await in Thornton Heath’s central area, including retail parks like Valley Park off Purley Way, home to stores like Ikea, approximately 1.5 miles to the south. With excellent road connections, particularly via the A23, and robust public transportation options such as local bus services, the location enjoys accessibility. Thornton Heath Rail Station lies just 1 mile east, offering a direct route to London Victoria in under 30 minutes.
This purchase pertains to acquiring the planning overage rights attached to the property’s title. The buyer shall be entitled to 15% of the increase in land value from its current value, as a former bowling green to its re-evaluated worth following the approval of planning permissions. These entitlements will be valid for 80 years from April 2024.
The land owner does not have to submit a planning application – This can also be submitted by a third party to gain the overage trigger.
Full details of the overage registered with the Land Registry are available from the auctioneers and within the legal pack to download from the auctioneer’s website.
Gonville Bowling Club sits at the heart of Thornton Heath’s residential district, positioned on the south side of Trafford Road, which connects seamlessly to the A23 Thornton Road via Silverleigh Road. Immediate local amenities are readily accessible along Thornton Road, while more extensive shopping and recreational options await in Thornton Heath’s central area, including retail parks like Valley Park off Purley Way, home to stores like Ikea, approximately 1.5 miles to the south. With excellent road connections, particularly via the A23, and robust public transportation options such as local bus services, the location enjoys accessibility. Thornton Heath Rail Station lies just 1 mile east, offering a direct route to London Victoria in under 30 minutes.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Barney Estates and Auctioneers
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