Commercial Properties For Sale in East Croydon, Croydon, London

A rare freehold investment opportunity in a prime South London location. This substantial semi-detached property has been expertly converted into four self-contained 1-bedroom apartments arranged over four floors, each fully let at £1,300 per calendar month, generating a total gross rental income of £62,400 per annum. All apartments are well-proportioned, benefiting from modern kitchens and bathrooms, double glazing, and independent services, with attractive period features retained throughout and scope for future value enhancement, subject to consents. The property enjoys excellent connectivity: Coombe Lane tram stop is approximately a 5-minute walk with frequent trams to East and West Croydon, South Croydon Station is 8–10 minutes away, and East Croydon Station (approx. 14 minutes) offers direct trains to London Bridge, Victoria, Blackfriars, and St Pancras. Multiple bus routes are also within easy reach. Local amenities include Croydon town centre, Whitgift and Centrale shopping centres, Boxpark Croydon, and Surrey Street Market, alongside supermarkets, cafés, and leisure facilities. Green spaces nearby include Lloyd Park, Park Hill Recreation Ground, and Coombe Wood ornamental gardens. Highly regarded schools in the area include Heathfield Academy (Ofsted "Outstanding") and Coombe Wood School (Ofsted "Good"). Sold freehold, subject to and with the benefit of the existing leases. This is an excellent opportunity for investors

Additionally, Croydon is experiencing significant regeneration, attracting both domestic and international investment. The area’s affordability, strong rental demand, and ongoing infrastructure improvements make it a prime location for capital growth and long-term returns. This freehold property, measuring approximately 160.9 square metres (subject to measured survey), is situated in the sought-after Addiscombe East ward. The site offers significant future potential for a bespoke development scheme, subject to obtaining the necessary planning consents.

Consented residential site with potential for various alternative uses

Finally the site’s prime residential context, brownfield status, and absence of restrictive planning designations. Position it as a rare and valuable opportunity for sensitive redevelopment in suburban Croydon. The guide price of £620,000 is fully justified by recent comparable sales, per-square-metre analysis, and the broader Croydon market context. These figures balance the site’s potential with its constraints. Offering an attractive proposition for developers, investors, or local residents. Those seeking to secure a unique parcel of land with significant long-term value. Moreover all due diligence requirements for a disused railway line are addressed in the legal pack, providing transparency and protection for both vendor and buyer. Palace Auctions Listing 🔗 Internal Links (on palaceauctions.com) Croydon Property Auction Investment Guide Browse All London Property Auction Listings 🌐 Authoritative External Links Croydon Council Planning Portal HM Land Registry Title Register RICS Common Auction Conditions Listing last updated 18th May 2026 Lastly for further details. Visit the Croydon Property Auction Investment Guide or Browse All London Property Auction Listings. for planning, title, and auction guidance, see: Croydon Council Planning Portal, HM Land Registry Title Register, RICS Common Auction Conditions.

Huge Price Reduction on Freehold Parcel with Development and Alternative Use Potential