Description
289 Longheath Gardens, Croydon, CR0 7TZ, is a rare Croydon investment property auction opportunity. With a guide price of £340,000, this corner plot bungalow offers immediate rental income, approved planning for upward extension, and significant redevelopment potential. Ideal for developers, investors, and owner-occupiers seeking value and flexibility in a thriving South London location.Auction Venue: St James Room at Claridge’s, Mayfair, London, 12th August 1:00pm
"Discover a rare opportunity to acquire 289 Long heath Gardens, Croydon, CR0 7TZ, at our highly anticipated live and online property auction, taking place on 12th August 2026 at 1 pm in the iconic St James Room at Claridge’s, Mayfair, London. Renowned for its Art Deco elegance and world-class service, Claridge’s offers an unrivalled setting for discerning buyers. Whether you join us in person or bid online from anywhere in the world, you’ll benefit from state-of-the-art auction technology and a seamless experience. Register now to secure your place at this exclusive event and take the first step towards owning a prime property in one of London’s most sought-after locations.".
Introduction: Croydon Investment Property Auction Opportunity
Welcome to the Croydon investment property auction at 289 Long heath Gardens, CR0 7TZ. This unique property is offered at a guide price of £340,000 and presents a compelling opportunity for developers, buy-to-let investors, and owner-occupiers alike. Situated in the sought-after Shirley North ward, this corner plot bungalow combines immediate rental income with substantial scope for redevelopment. With approved planning for an upward extension and the potential to reconfigure the existing structure, this Croydon investment property auction is perfectly positioned for those seeking both short-term returns and long-term capital growth. Whether you are looking to expand your portfolio, create a bespoke family home, or unlock value through development, 289 Longheath Gardens stands out as a versatile and strategic acquisition.Property Overview: Spacious Bungalow on a Prime Corner Plot
289 Long heath Gardens is a well-proportioned bungalow occupying a prominent corner plot in a quiet residential enclave of Croydon. The property features a classic brick exterior, a pitched roof, and an attached garage, all set behind a neat front lawn. The generous footprint, measuring approximately 11,825mm by 12,354mm, provides ample space for comfortable living or creative reconfiguration. The surrounding area is characterized by a mix of similar bungalows, three to four-storey flats, and two-storey terraced houses, offering a harmonious blend of community and privacy. The property’s position on the corner enhances its kerb appeal and maximizes natural light, making it an attractive proposition for a range of buyers. This Croydon investment property auction listing highlights the rare combination of space, flexibility, and location.Existing Extensions: Enhanced Living Space and Development Scope
The bungalow at 289 Long heath Gardens already benefits from a series of thoughtfully designed extensions to the side, rear, and upwards. These additions have expanded the original living space, providing a versatile layout that can accommodate a variety of uses. The extensions are seamlessly integrated with the main structure, maintaining the property’s architectural integrity while unlocking further potential for redevelopment. The existing configuration is ideal for those seeking a spacious family home, a multi-generational living arrangement, or a property with scope for conversion. The Croydon investment property auction at 289 Longheath Gardens offers buyers the advantage of an already enhanced footprint, reducing the need for extensive initial works and paving the way for future value creation.Approved Planning: GPDO Class AA Prior Approval Secured
A key feature of this Croydon investment property auction is the secured prior approval under the General Permitted Development Order (GPDO) 2015, Part 1, Class AA. Planning application number 25/02775/GPDO, approved on 24 October 2025, grants permission for an upward extension of one storey to the existing dwellinghouse. This approval is subject to several conditions, including the use of materials matching the existing exterior, no windows in the side elevations, and maintaining the original roof pitch. The development must be completed within three years of approval, providing a clear and actionable timeline for investors and developers. This planning consent significantly enhances the property’s redevelopment prospects, making it a standout offering in the Croydon investment property auction market.Architectural Drawings and Floor Plans: Detailed Development Blueprint
Comprehensive architectural drawings, prepared by Suburban Studios Ltd, accompany the sale of 289 Longheath Gardens. These include detailed ground floor and first floor plans, proposed elevations, and sectional drawings that illustrate both the existing and approved layouts. The proposed scheme features a new ridge height of +7,743mm (approximately 7.7 metres), with generous floor-to-ceiling heights of 2,500mm on the ground floor and 2,400mm on the first floor. The plans provide a clear roadmap for redevelopment, whether you intend to create a larger family residence or explore conversion to multiple units (subject to further planning). These professional drawings are invaluable for visualizing the property’s potential and streamlining the planning and construction process. For more information on the plans and to download the legal pack, visit our London property auctions listings.Roof Extension and Scheme Integration: Maximizing Value
The approved upward extension includes a requirement to integrate the new roof structure into the overall development scheme. This ensures architectural cohesion and compliance with planning conditions, while also maximizing the usable floor area. The roof extension is designed to match the existing roof pitch and materials, preserving the property’s aesthetic appeal and blending seamlessly with the surrounding streetscape. For developers, this presents an opportunity to add significant value through additional bedrooms, living space, or even the creation of a duplex arrangement. The Croydon investment property auction at 289 Long heath Gardens offers a ready-made platform for ambitious redevelopment, with the roof extension forming a central component of the value proposition.Redevelopment Potential: Flatted Scheme and Planning Context
One of the most exciting aspects of this Croydon investment property auction is the potential to reconfigure the extended structure into a smaller flatted scheme, subject to the necessary planning consents. The property’s generous footprint and corner plot position make it ideally suited for conversion into multiple self-contained units, catering to the strong demand for quality flats in Croydon. It is important to note that Croydon Council has implemented an Article 4 Direction, requiring full planning permission for small HMO (3–6 occupant) conversions and flatted developments. Prospective buyers should consult the Croydon Council Planning Portal for guidance on local policy and application procedures. With the right permissions, 289 Longheath Gardens could deliver exceptional returns as a boutique apartment scheme or premium rental investment.Current Investment Value: Immediate Rental Income
At present, 289 Long heath Gardens is tenanted and generating a stable rental income of approximately £1,600 per month. This provides buyers with immediate cash flow from day one, making the property an attractive proposition for buy-to-let investors and those seeking a secure income stream. The current rent is below the local market average, reflecting the vendor’s decision not to pursue increases while seeking vacant possession. This conservative rental level offers a degree of security for risk-averse investors, while also highlighting the potential for future uplift. The Croydon investment property auction at 289 Long heath Gardens delivers both stability and upside, appealing to a broad spectrum of buyers.Rental Uplift Potential: Vacant Possession and Market Growth
A key advantage of this Croydon investment property auction is the clear potential for rental uplift. With vacant possession being actively sought, new owners will have the flexibility to refurbish, reconfigure, or re-let the property at prevailing market rates. Comparable properties in the CR0 postcode command monthly rents between £1,573 and £1,921, with Croydon experiencing rental growth of 7.6% over the past year. Gross rental yields in the area reach up to 5.4%, underscoring the strong investment fundamentals. By aligning the property’s rent with market levels, buyers can unlock significant additional income and enhance the overall return on investment. For further insights into Croydon’s rental market, consult Rightmove’s Croydon house prices.Location and Local Amenities: Shirley North, Croydon
289 Long heath Gardens enjoys a prime location in the Shirley North ward of Croydon, a vibrant and well-connected part of South London. The area is renowned for its excellent schools, diverse shopping options, and abundant green spaces, including nearby parks and recreational facilities. Residents benefit from a strong sense of community, with a mix of family homes, apartments, and local businesses creating a welcoming atmosphere. The property’s corner plot position offers privacy and convenience, with easy access to local amenities and transport links. This Croydon investment property auction listing highlights the lifestyle advantages of the location, making it equally appealing to owner-occupiers and tenants.Transport Links and Croydon Regeneration: Connectivity and Growth
Croydon is undergoing a period of significant regeneration, with over £5.25 billion of investment transforming the borough into a major London opportunity area. Key projects include the £30 million Regina Road redevelopment, the Whitgift/Centrale Masterplan, and the College Green Cultural Quarter. Transport connectivity is a major strength, with East Croydon station benefiting from a £2.5 billion Brighton Mainline upgrade, delivering fast rail links to Central London, Gatwick Airport, and the south coast. The Tramlink network is also being expanded, further enhancing east-west connectivity. These improvements underpin strong demand for quality housing and support long-term capital growth. For more on Croydon’s regeneration, visit the Croydon Council Planning Portal.Summary and Call to Action: Secure Your Next Investment
In summary, 289 Longheath Gardens represents a standout Croydon investment property auction opportunity. With a guide price of £340,000, immediate rental income, approved planning for upward extension, and exceptional redevelopment potential. This property is ideally suited to developers, investors, and owner-occupiers seeking value and flexibility in a dynamic South London market. The combination of location, planning consent, and market fundamentals makes this a rare and valuable acquisition. To arrange a viewing, download the legal pack, or discuss your requirements, contact Palace Auctions London today. For more opportunities, explore our Croydon auction page and London property auctions listings. We strongly recommend seeking independent legal and financial advice before bidding. The property’s location, connectivity, and development precedent make it a prime candidate for future growth. To participate in the Croydon corner plot auction, register your interest today, download the legal pack, and arrange a viewing. For expert advice on planning, legal matters, or valuation, contact Palace Auctions London or consult the Croydon Council planning portal. Don’t miss this unique opportunity to secure a landmark site in one of London’s fastest-growing boroughs.This Croydon investment property auction listing at 289 Longheath Gardens offers a rare blend of immediate income, planning-approved development scope, and prime location. Act now to secure a strategic asset in one of London’s fastest-growing boroughs.
For further advice or to register your interest, contact Palace Auctions London. Always seek independent legal vestment decisions. Ready to bid or need more information? Visit our Auction Catalogue or Valuation Services for full details. For planning advice, consult the Croydon Council Planning Portal or review the [Croydon Growth Plan](https://www.croydon.gov.uk/p auction opportunity.** Page Last Updated 4th July 10:22
