Woldingham Road, Caterham CR3 Residential development for sale

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Woldingham Road, Caterham CR3 Residential development for sale

Woldingham Road, Caterham CR3
£1,200,000

Price History

Initial price £1,350,000
02/09/25 £1,300,000
05/09/25 £1,250,000
11/09/25 £1,200,000
Price Change -11.11%

Description

This property is being sold by unconditional online auction on September 24, 2025, with a guide price of £1,200,000 plus fees. The site has full planning approval for the demolition of the existing building and construction of 12 apartments, comprising 3, 2, and 1-bedroom units, as well as a studio. There is potential to add a further 4 units to the rear studio buildings, subject to planning permission. The property is located in a strong residential area in Woldingham, with good access to transport and amenities. The sale is being marketed as an ideal investment opportunity, with a freehold tenure and a buyer's administration fee of £1,200 plus VAT applicable upon the fall of the hammer. The auction conditions require a full legal completion 28 days following the auction, and buyers are advised to review the legal pack for additional fees, costs, and charges.