A 0.53-acre prime development site in Croydon, previously occupied by Colombus House office development, has hit the market after its demolition. Watling Real Estate is facilitating the sale. The site has potential for residential development under Croydon's Local Plan. An earlier planning consent for a residential tower block development is set to expire soon. The area shows high demand for modern residential accommodations, catering to young professionals, key workers, and students. Currently, the site serves as a short-term car park, offering immediate income to prospective buyers.
The 0.53-acre site on Edridge Road was previously home to the Colombus House office development but has now been demolished.
An earlier planning consent for a residential tower block development expires this month, but importantly the site is promoted within Croydon's Local Plan as suitable for residential uses.
There is a clear demand for modern high-quality residential accommodation popular with young professionals, key workers and students of London South Bank University's Croydon Campus.
The site is currently being used as a short-term car park, providing potential buyers with a source of income.
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