Land for saleKingscroft Road, Banstead, Surrey, SM7
Sold STC £16,500
- Excellent transport links to London
- Residential Development opportunity (STP)
- Highly desirable location
- Approximately 0.14 acres plot
- Potential to build a good sized detached property (STP)
- Excellent potential for high levels of profit
- Close to amenities
- Well established location
- Close to Epsom
Full descriptionFOR SALE BY ONLINE PROPERTY AUCTION - 9TH & 10TH NOVEMBER 2016 - APPROX 0.14 ACRE PLOT OF LAND WITH POTENTIAL PLANNING
The subject plot is located close to Kingscroft Road and Cunningham Road in the Surrey town of Banstead.
Banstead is a highly desirable area to live as you are very close to the countryside yet within an easy commuter distance from the heart of London. In addition, Saffron Walden provides all the amenities expected from a town of this nature
Banstead is a town in the borough of Reigate and Banstead in Surrey, 2.5 miles south of Sutton, 5 miles west of Croydon and 7.5 miles south-east of Kingston-upon-Thames.
The M25 Motorway is located just 6.5 miles from the site and provides easy access to the country
The plot of land (shaded yellow) measures approximately 0.14 Acres.
If planning consent can be achieved for the construction of residential property, it is anticipated that one detached dwelling could be built on the plot.
Current values of similar detached homes within the area range from £550,000 to £900,000. There will be a substantial increase in value of the land, should planning consent be achieved for residential use.
There is no planning consent for development of the land at present. Reigate & Banstead Borough Council can be contacted on 01737 276000.
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