Streatham Road, Mitcham CR4 Residential development for sale

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Streatham Road, Mitcham CR4 Residential development for sale

Streatham Road, Mitcham CR4
£250,000

Our Summary

  • Guide Price £250,000 Plus FeesFor sale by unconditional online auction, registration is now open
  • For Sale by Online Auction on 23 July 2025Planning Permission Granted 3 x Self Contained Flats Close to Local Amenities Freehold2 x Two Bedroom 1 x StudioThe property comprises a single storey building (D1 use) the site had planning permission granted to be converted into three flats
  • Merton Borough Council granted the following planning permission (ref: 20/P1847) on 15th December 2020: Erection of an additional storey (plus roof) and extension to existing building to provide 3 x self-contained flats (C3) involving the loss of the D1 use
  • TenureFreehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
  • The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
  • You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group

Description

For sale by unconditional online auction on July 23, 2025, is a freehold property with planning permission granted to convert a single-storey building into three self-contained flats. The property, located on a residential road near local shops and amenities, is situated close to Figges Marsh open spaces and has transport links via Tooting Broadway underground station and Tooting rail station. The property is currently used as a D1 building, but planning permission has been granted to convert it into three C3 flats, involving the loss of the D1 use. The buyer will be required to pay a 10% deposit and a buyer's administration fee of £1,200 plus VAT, with contracts to be exchanged and a 28-day completion period following the auction. Registration is now open for bidders, with the auction opening on July 23, 2025, at 10:00 and closing at 12:00.