Description
Guide price: is set at £225,000 +
Welcome to Lot 88, a rare opportunity to acquire a substantial mid-row garage site adjacent to 46 Elgin Road, Croydon CR0 6XA. This freehold property, measuring approximately 160.9 square metres (subject to measured survey), is situated in the sought-after Addiscombe East ward. The site offers significant future potential for a bespoke development scheme, subject to obtaining the necessary planning consents.
Location: and Transport Links in East Croydon
Furthermore, the location benefits from excellent transport links. East Croydon Station is just over a kilometre away, providing swift connections to London Bridge, Victoria, and Gatwick Airport. Sandilands Tram Stop is within a five-minute walk, ensuring seamless access across South London. Multiple bus routes serve Addiscombe Road, making commuting straightforward.
Local Amenities:
In addition, the area boasts a vibrant community atmosphere. Addiscombe High Street, only moments away, features independent shops, supermarkets, cafés, and restaurants. For leisure, Ashburton Park and Lloyd Park offer green spaces, sports facilities, and playgrounds, while Croydon Sports Arena and local gyms cater to fitness enthusiasts.
Moreover, the site is not within a conservation area and is free from Article 4 Directions, allowing greater flexibility for redevelopment.
Croydon’s Local Plan actively encourages the transformation of underused sites like this, supporting well-designed infill schemes that enhance the local character and meet housing needs.
Recent planning approvals in the area demonstrate a positive approach to garage and infill development, provided proposals respect neighbouring amenity and design standards. Therefore, this site presents an outstanding opportunity for investors, developers, or owner-occupiers seeking to create bespoke residential accommodation or a mixed-use scheme.
The property is surrounded by reputable schools, including Oasis Academy Shirley Park (Good, Ofsted), St Thomas Becket Catholic Primary (Outstanding, Ofsted), and Archbishop Tenison’s CofE High School (Good, Ofsted). Healthcare facilities, pharmacies, and Croydon University Hospital are all within easy reach, ensuring convenience for future residents.
Additionally, Croydon is experiencing significant regeneration, attracting both domestic and international investment.
The area’s affordability, strong rental demand, and ongoing infrastructure improvements make it a prime location for capital growth and long-term returns.
Auction Avent: Claridge’s Hotel in Mayfair. The event is on 12th August. It starts at 1:00pm
The auction will be held at the prestigious Claridge’s Hotel in Mayfair, offering a unique platform for discerning buyers. This iconic venue ensures maximum exposure and a competitive bidding environment.
Guide price is set at £225,000+, reflecting comparable auction sales and the site’s development potential. Interested parties are encouraged to undertake their own due diligence and consult with Croydon Council’s planning department to maximise the site’s value.
Do not miss this exceptional chance to secure a prime development site in one of South London’s most dynamic neighbourhoods. Register now to bid at Palace Auctions’ flagship event.
