Pact Group Properties has recently announced the launch of a former school site in Croydon onto the market with a price tag of ยฃ6 million. This exciting development presents a unique opportunity for potential buyers to invest in a strategically located property with significant development potential. The site, which spans a total of approximately 0.4 acres, is situated in the heart of Croydon, a bustling town in South London that has seen a surge in regeneration and growth in recent years.
The prime location of the property makes it an attractive prospect for developers and investors looking to capitalize on the area’s growing prominence as a hub for commercial and residential development. With excellent transport links, including the East Croydon railway station just a short distance away, the site offers easy access to central London and other major cities in the region. In addition, the property is surrounded by a variety of amenities, including shops, restaurants, and schools, making it an ideal location for a range of potential uses.
The former school site presents a blank canvas for developers to create a bespoke development that meets the needs of the local community and contributes to the ongoing regeneration of the area. With planning permission already granted for the construction of a mixed-use development, the site offers a flexible opportunity for a range of potential uses, including residential, commercial, or a combination of both. The existing planning consent allows for the construction of a four-story building with commercial space on the ground floor and residential units on the upper floors.
Pact Group Properties has highlighted the potential of the site to attract interest from a wide range of buyers, including developers, investors, and owner-occupiers. With a shortage of available development opportunities in the area, the former school site in Croydon presents a rare chance to secure a prime piece of real estate in a rapidly evolving market. The property has already generated significant interest from potential buyers, with viewings expected to commence in the coming weeks.
The launch of the former school site in Croydon comes at a time of continued growth and investment in the area, with several major regeneration projects underway. The town has become a hotspot for property development, with a number of high-profile schemes in the pipeline that are set to transform the local landscape. The former school site is just the latest opportunity to capitalize on the area’s burgeoning growth and position oneself at the forefront of Croydon’s exciting future.
In conclusion, the launch of the former school site in Croydon represents a unique opportunity for buyers to invest in a prime piece of real estate in a rapidly evolving market. With excellent transport links, a central location, and planning permission already in place for a mixed-use development, the site offers a flexible and lucrative investment opportunity for developers and investors. As interest in the property continues to grow, now is the time to seize the chance to be a part of Croydon’s vibrant future and secure a stake in one of London’s most exciting property markets.
