Invest in Purley Site: £450K for 3 Homes
Nestled in the desirable Purley area of the London Borough of Croydon, this prime development site adjoins 6 Famet Walk, CR8 2DY, offering excellent connectivity to Kenley, Riddlesdown, and Purley railway stations, all served by Southern and Thameslink services. Just a mile from Purley town center with its array of shops, bars, and restaurants, the location is further enhanced by proximity to recreational gems like Riddlesdown Common, Sherwood Oaks, and Kenley Common. This popular residential neighborhood promises strong demand for family homes, making it an ideal spot for value growth.
Spanning approximately 11,928 sq ft, the vacant site—previously occupied by lock-up garages that have been demolished—benefits from full planning permission (Ref 19/05797/FUL) granted by Croydon Council on 18th December 2020 for three three-bedroom houses: two semi-detached and one detached. Conditions 3 and 4 have been discharged as of 16th November 2023, and the Community Infrastructure Levy (CIL) of £41,492 has already been paid, streamlining the development process. Each home features south-facing gardens and allocated off-road parking, with thoughtful layouts including open-plan living spaces, ensuites, and roofspace accommodation.
This investment stands out due to its permitted development status, reducing risks and timelines with a 6-week completion possible. Purley’s ongoing appeal, bolstered by excellent transport links to central London and green spaces, positions these modern homes for rapid appreciation. No further permissions are needed, offering developers a turnkey opportunity in a high-demand suburb with limited supply of new family housing.
Key amenities include off-road parking for all units, ensuring convenience and added value. While no Energy Performance Certificate (EPC) is specified yet, the newbuild nature allows for energy-efficient designs compliant with current standards, appealing to eco-conscious buyers.










