Craven Road, Orpington

Rare development opportunity on a quarter acre freehold plot

Set in one of Orpington’s sought-after residential roads, this property presents a rare opportunity to acquire a substantial freehold plot with superb potential for redevelopment.

The existing detached bungalow and garage sit within just under a quarter of an acre of land, in the proximity of Orpington town centre and many other amenities. The accommodation includes three bedrooms, a large reception room with living and dining areas, plus a kitchen, bathroom and shower room. The existing property presents a fantastic opportunity for a bespoke re-development (subject to planning permission).

Key Highlights:

• 0.24 acre freehold plot
• Offered with no chain
• Quiet, established residential road with strong redevelopment precedent
• Excellent scope for a substantial new family home (subject to planning permission)
• Just 1/4 mile to Goddington Park and local woodland
• 1.1 miles to St Olaves grammar school for boys
• Wthin 2 miles of both Orpington and Chelsfield stations with bus routes within 1/4 of a mile
• 1.25 miles to Orpington town centre
• Less than 2 miles to junction 4 of M25

The Opportunity
With generous proportions, privacy, and a clean title, this plot represents one of the few remaining chances to create a bespoke, high specification home in highly regarded road. The depth of the garden and width of the frontage provide exceptional flexibility for architectural design, landscaping, and parking.

Location
Craven Road is a peaceful, tree lined street known for its large detached homes and proximity to green space and the glorious Kent countryside.

Viewing - Strictly by appointment.

Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Orpington, a desirable commuter town within the M25 with many people drawn to the area for the reputable schools and the railway stations that can transport you direct into London in as little as 15 minutes. The town centre has a comprehensive range of shops and facilities including the Walnuts Shopping Centre and Odeon cinema. Sports facilities are also well catered for with the Walnuts Leisure Centre, golf courses, football and rugby clubs all within the area. You will also find larger stores such as Marks and Spencer at the Nugent Retail Park, along with supermarkets and home living stores along the Sevenoaks Way. Shopping centres at Bluewater and Bromley can also be found within 10 miles drive or bus ride.

Local Authority: Bromley
Council Tax Band: B