Description
Lot 93 – 289 Longheath Gardens, Croydon CR0 7TZ (late entry) Auction: Wednesday 28 October 2026 at 1.00 pm, The Mirror Room, Claridge's, Brook Street, Mayfair, London W1K 4HR Guide price: £340,000 Tenure: Freehold, sold subject to the existing tenancy Property: Detached bungalow with attached garage on a corner plot Income: about £1,600 a month (£19,200 a year) Planning: Prior approval for an additional storey – 25/02775/GPDO Buyer's costs: see Buyer's Costs belowThe Opportunity
A late entry to our Claridge's sale: a freehold detached bungalow on a corner plot in Shirley, Croydon, let and producing about £19,200 a year, with prior approval for an additional storey granted by the London Borough of Croydon on 24 October 2025. That gives a buyer two routes: hold it as an income-producing investment – about 5.6% gross at the £340,000 guide, with the rent understood to be below the market – or use the approval to add a first floor and create a substantially larger family house. Detached houses with garages on corner plots are rarely offered in this part of Croydon, and the approval runs until October 2028.Key Features
- Freehold detached bungalow on a corner plot
- Attached garage and front garden
- Prior approval for an additional storey (25/02775/GPDO, granted 24 October 2025)
- Let at about £1,600 a month – £19,200 a year
- About 5.6% gross yield at the guide price
- Ready for refurbishment – scope to add value
- Established residential area of Shirley, Croydon
- Late entry – Lot 93, Claridge's, 28 October 2026
The Property
289 Longheath Gardens is a brick-built detached bungalow under a pitched roof, standing on a corner plot with a front lawn and an attached garage. The building's footprint is about 11.8 m by 12.4 m. The property is in need of refurbishment, which is reflected in the guide price.Accommodation
The accommodation is arranged on the ground floor. Full room details and floor plans are available to download from this page.Planning
Prior approval was granted on 24 October 2025 under reference 25/02775/GPDO for one additional storey, under Class AA of Part 1 of the General Permitted Development Order 2015. The approved drawings, by Suburban Studios Ltd, show a new ridge height of about 7.7 m, with ceiling heights of about 2.5 m on the ground floor and 2.4 m on the first floor. The conditions include:- materials to match the existing building;
- no windows in the side elevations; and
- the works to be completed within three years of the approval – by October 2028.
The Income
The property is let at about £1,600 a month (£19,200 a year), which the seller considers to be below the current market rent. It is sold subject to the existing tenancy. Details of the tenancy are in the legal pack, and buyers should check them before bidding.The Location
Longheath Gardens is a residential road in the Shirley North ward of Croydon, close to local schools, shops and parks, with Long Lane and Ashburton Park nearby. Elmers End station and the Croydon Tramlink are within easy reach, giving links to central London, and East Croydon station – with fast trains to London Bridge, London Victoria and Gatwick – is a short drive or tram ride away. Croydon town centre's continuing regeneration underpins demand from tenants and owner-occupiers alike.Auction Information
- Date and time: Wednesday 28 October 2026 at 1.00 pm, unless sold prior
- Venue: The Mirror Room, Claridge's, Brook Street, Mayfair, London W1K 4HR
- Lot 93 is a late entry and is not in the printed catalogue. It will be announced from the rostrum and offered in lot order
- How to bid: in the room, online, by telephone or by proxy. Please register and complete our anti-money laundering checks before the auction
- Online bidders: a £2,000 security deposit is required, refunded to unsuccessful bidders within 48 hours
Buyer's Costs
| Item | Amount | When payable |
|---|---|---|
| Deposit | 10% of the purchase price (minimum £3,000) | On exchange, at the fall of the hammer |
| Buyer's premium | 2% of the purchase price, minimum £2,000 plus VAT | On exchange |
| Contract documents charge | £850 plus VAT | On exchange |
| Stamp Duty Land Tax and your own legal costs | As applicable | On completion |
