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Development Oppurtunity Not To Be Missed (Colliers Wood, Price: £575, 000)

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Description

The Property 4 bed detached large Victorian property in Colliers Wood London SW19 2eu. The property is approx 150m from Colliers Wood London tube station. I have been told that the realistic value of the property with the current planning permission is approx £750000. The Vendor This property was bought in a derelict condition for £375k in Dec 06. The owners were originally going to develop the site however the planning application took nearly 2 years. The vendor now needs to sell with some urgency as he is relocating to the Usa. The vendor needs a credible investor who can exchange and complete quickly and will look at serious offers and understands how cash buyers work. The deal The owner has just received full planning permission to demolish the current house and build 6 x 1 bed flats. The property failed to sell at auction with a reserve in excess of £720k. He will accept 575k. I feel we can negotiate more if your buyer is fast and cash rich Vendor has stated that the final Gdv is circa £1.20 1.45m. Planning Info The plans can be viewed here http acinvestments.co.uk images sw19 plans.gif Please take a look here also http planning.merton.gov.uk Mvm Online dms DocumentViewer.aspx?pk 1000060986&SearchType Planning 20Application Address 2 Kevintish Road. SW19 2eu Have the boundaries checked out as there is a discrepancy with these according to the Local Authority and there is an amenities agreement outstanding. Proposed gross floorspace 270m sq Existing gross floorspace 108m sq 30 Below Market Value Properties Distress Sales And Repossessions We also currently have properties and portfolios in London and UK 30 Below Market Value Instant Equity Distress Sales and Repossessions. Please email for more details and a full list quoting gumtree in the subject and stating the areas you are interested in ie London Midlands North North East Call 07767 854334

Announcement ID: #134950
Published on 05-22-2008

Contact

South East London
London
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  • Type of sale:
    A la Compra
  • Estado:
    Excellent

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