Cox Lane, Ewell

£900,000

Guide price

JACKSON NOON ESTATE AGENTS are pleased to offer this RARE OPPORTUNITY TO PURCHASE A BRAND NEW APARTMENT IN THS EXCLUSIVE DEVELOPMENT comprising a BLOCK OF 10 UNITS flats and two studios, granted on 15th December 2015, planning reference 15/00489/FUL.

...CALL NOW FOR FURTHER DETAILS.

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‘The Roveries’ is a plot of land located in Ewell, Surrey with planning permission for a development of eight units comprising 2 three bedroom apartments, 2 two bedroom apartments, 2 one bedroom apartments and 2 studio apartments.

West Ewell is a suburban area in the borough of Epsom and Ewell in Surrey with excellent transport links to London and within easy reach of the A3 and M25.

The plot is located 0.8 miles from Tolworth (Zone 5), 1.0 miles from Chessington North (Zone 6) and 1.3 miles from Stoneleigh (Zone 5) Mainline stations all leading to London.

The location is equidistant from both major London International Airports and has hence historically attracted a number of major firms to locate their European headquarters locally. This trend is continuing with the recent approval of the Tolworth Tower re-development part of the Royal Borough of Kingston’s re generation project. The recent approval of Crossrail 2 will further enhance the area’s draw.

It is our experience that demand for 1 bedroom units in the area outstrips supply and whilst there is stock of 2 bedroom units they are predominantly of 1960’s construction and there is therefore a substantial gap in the market for more contemporary accommodation.

The current consent being for two 3-bed flats, two 2-bed flats, two 1-bed flats and two studios, granted on 15th December 2015, planning reference 15/00489/FUL.

A revised planning application has been submitted for a 3 story 10 unit scheme, which will comprise 2 three bed apartments, 4 two bed apartments and 4 studios in accordance with the plans included within the sale memo. The local planning authority have indicated that the design is acceptable and the project complies with planning policy so a positive planning decision is expected by end of August. The scheme falls below the threshold for social housing provision and therefore all 10 units can be sold in the open market. Further details of this application will be available on request.

Arrange viewing 02035 383854

Jackson Noon - West Ewell

252 Chessington Road, West Ewell

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