Bungalow and land at Longheath Gardens, Croydon

LOT 30 | 289 Longheath Gardens, CR0 7TZ
Premier Croydon Property Investment Opportunity – Auction at Claridge’s, Mayfair, 12th August 2026, 1:00 PM
Full property details & legal pack
________________________________________
The Headlines:
A rare, income-producing Croydon investment with granted planning consent for upwards development, offered as Lot 30 at Palace Auctions’ prestigious Claridge’s sale. Immediate £1,600/month AST income, prime regeneration location, and exceptional future potential.
________________________________________
INTRODUCTION: A PREMIUM CROYDON PROPERTY INVESTMENT OPPORTUNITY
Welcome to an exceptional Croydon property investment opportunity at 289 Longheath Gardens, CR0 7TZ — presented as Lot 30 by Palace Auctions London at their flagship auction on 12th August 2026, 1:00 PM at Claridge’s, Mayfair.

This freehold detached bungalow stands out for its granted planning consent for upwards development—a rare, value-adding advantage that sets it apart from typical listings. The property is currently let on an Assured Shorthold Tenancy (AST) producing £1,600 per month, offering immediate income from day one.

Set in the heart of Croydon’s ambitious regeneration zone, this 82 sq m property combines immediate rental returns, consented development uplift, and long-term capital growth in one of London’s fastest-evolving boroughs.

Full details:
________________________________________
CROYDON’S REGENERATION: A BLUEPRINT FOR GROWTH
Croydon is undergoing a profound transformation, underpinned by £40 million+ in regeneration funding and the London Plan Opportunity Area framework. The borough’s vision: 14,500 new homes and 10,500 new jobs by 2041.
Major projects—such as the Whitgift Centre redevelopment, College Green revitalisation, and district upgrades—are actively reshaping Croydon’s landscape and economy.

For investors, this means rising demand, improved amenities, and a planning environment supportive of residential development.
Learn more: Croydon Council’s Growth Plan
________________________________________
PRIME LOCATION: CONNECTIVITY AND AMENITIES
289 Longheath Gardens enjoys outstanding connectivity:
• Arena Tramlink: Short walk, fast links to Croydon, Beckenham, Wimbledon
• Elmers End Station: 16 minutes’ walk, direct trains to London Bridge & Charing Cross
• Multiple bus routes and swift road access to central London & the South-East
• Local amenities: Shops, schools, South Norwood Country Park, plus Croydon & Bromley town centres for retail, dining, and leisure.

This connectivity underpins both rental and resale prospects, reinforcing the long-term value of this Croydon property investment opportunity.
________________________________________
PROPERTY OVERVIEW: FREEHOLD FLEXIBILITY & GRANTED DEVELOPMENT CONSENT
• Freehold detached bungalow
• 82 sq m internal area
• EPC rating: F (clear scope for energy efficiency upgrades)
• Plot and layout: Significant scope for enhancement, extension, or redevelopment
• Freehold status: Maximum flexibility for future alterations.

Crucially, the site already benefits from granted planning consent for upwards development—see below for details.
________________________________________
PLANNING CONSENT FOR UPWARDS DEVELOPMENT: A RARE ADVANTAGE
Lot 30 is distinguished by its existing, granted planning consent for upwards development.
This is not a speculative “subject to planning” scenario—the consent is already in place, removing a major risk and delay for developers and investors.
• Immediate, actionable value uplift
• Potential for additional storeys, new self-contained units, or a more extensive scheme (subject to the approved consent)
• Full planning documentation available in the legal pack.

This single factor makes 289 Longheath Gardens a truly exceptional Croydon property investment opportunity.
________________________________________
INVESTMENT PERFORMANCE: IMMEDIATE INCOME & PROVEN CAPITAL GROWTH
• Current AST rental income: £1,600 per month (immediate, stable revenue)
• Capital growth:
o Sold for £155,000 (2002)
o Sold for £400,000 (2020)
o Current area average: £430,000 (CR0 7TZ), £376,572 (CR0 postcode)
• Rental yields: Typically 5–6% in Croydon.

The combination of current income, granted planning consent, and regeneration momentum creates a rare, multi-layered investment case.
________________________________________
FUTURE POTENTIAL: CONSENTED UPWARDS DEVELOPMENT & BEYOND
With planning consent already granted for upwards development, buyers can proceed with confidence.
Potential strategies include:
• Adding one or more storeys
• Creating additional self-contained units
• Remodelling the scheme to maximise the consented envelope
Croydon Council’s Local Plan and Growth Plan further support sustainable, character-led development.
Review the full planning documentation in the legal pack and consult a planning professional to assess the full scope.
________________________________________
ENERGY EFFICIENCY: EPC IMPROVEMENT OPPORTUNITY
• Current EPC: F
• Opportunity: Cost-effective upgrades (insulation, double glazing, modern heating) can improve EPC, increase rental appeal, and future-proof against tightening regulations.

Early action enhances both rental profile and capital value—a smart move for investors and developers alike.
________________________________________
CROYDON’S ECONOMIC & SOCIAL TRANSFORMATION
Croydon’s regeneration is about more than new buildings—it’s about jobs, community investment, and quality of life.

Projects like College Green, district centre upgrades, and the Regina Road redevelopment (340 new homes, green spaces) are raising the borough’s profile and desirability.

Assets in this growth corridor, like 289 Longheath Gardens, are ideally positioned to benefit.
________________________________________
TRANSPORT & ACCESSIBILITY: A CONNECTED INVESTMENT
• Arena Tramlink: Minutes away, fast services to Croydon, Beckenham, Wimbledon
• Elmers End Station: 16-minute walk, direct National Rail to central London
• Comprehensive bus coverage and road access

This connectivity ensures strong tenant demand, robust resale prospects, and enduring appeal for both investors and owner-occupiers.
________________________________________
PALACE AUCTIONS: TRUSTED LONDON AUCTION SPECIALISTS
Palace Auctions London is renowned for its expertise and professionalism.
Lot 30 will be offered at the prestigious Palace Auctions sale on 12th August 2026, 1:00 PM at Claridge’s, Mayfair—a venue reflecting the calibre of both the property and the auction house.
• Comprehensive support: Legal packs, valuation guidance, pre-auction viewings, post-sale completion
• Full details, legal packs, and registration:

________________________________________
MATERIAL INFORMATION & COMPLIANCE
Key Facts Details
Tenure Freehold
Property Type Detached Bungalow
Internal Area 82 sq m
EPC Rating F
Rental Income £1,600/month (AST, currently tenanted)
Planning Granted consent for upwards development
Chain No onward chain
Auction Lot 30 – 12th August 2026, 1:00 PM, Claridge’s

• Legal packs, floor plans, title, and planning documents: Available via the Palace Auctions website
• Council tax band: Available on request
• Buyers: Review all documentation and seek independent legal/financial advice before bidding

Property details:
________________________________________
SUMMARY: SECURE YOUR CROYDON PROPERTY INVESTMENT OPPORTUNITY
289 Longheath Gardens, CR0 7TZ (Lot 30) is one of the most compelling Croydon property investment opportunities in recent years:
• Granted planning consent for upwards development
• Immediate £1,600/month AST income
• Freehold title
• Prime regeneration location

Whether your focus is income, development, or long-term capital appreciation, this asset delivers on every front.

Do not miss this rare opportunity to acquire a consented, income-producing development asset in one of London’s most dynamic boroughs.
Full property details:
________________________________________
CALL TO ACTION & PROFESSIONAL ADVICE
Register your interest in Lot 30 – 289 Longheath Gardens today:

• Auction Date: 12th August 2026, 1:00 PM
• Venue: Claridge’s, Brook Street, Mayfair, London W1K 4HR
• Lot Number: Lot 30

Download the legal pack, arrange a viewing, and review the granted planning consent documentation via the Palace Auctions website.
For investment analysis and valuation advice, contact the Palace Auctions team directly.

For planning guidance, consult the GOV.UK Planning Portal and Croydon Council’s Planning Department.
Always seek independent legal and financial advice before bidding. Secure your Croydon property investment opportunity and position yourself at the forefront of one of London’s most exciting growth stories.
________________________________________
LOT 30 | 289 Longheath Gardens, CR0 7TZ | Palace Auctions London
Auction: 12th August 2026, 1:00 PM | Claridge’s, Mayfair, London /289-longheath-gardens-cr0-7tz/)