Skip to content
COMMERCIAL

Outram Road, Croydon, Lower Addiscombe, Croydon, CR0

£1,750,000
Residential Development & Investment London, Covering London
PROPERTY TYPE

Mixed Use

BEDROOMS

8

BATHROOMS

9

SIZE

5,206 sq ft

484 sq m

Key features

  • 5,206 sq ft freehold buildings
  • 8 x one-bedroom apartments
  • Fully let on ASTs (£91,200 p.a. income)
  • ERV of £132,000
  • Large plot with development potential
  • Quiet residential location in Lower Adddiscombe
  • Close to public transport

Description

Exceptional Investment Opportunity. Two substantial freehold buildings on a quiet residential road in Lower Addiscombe, Croydon. Configured as 8 x one-bedroom apartments, fully let on ASTs. Development potential.

Located on a peaceful residential street in sought-after Lower Addiscombe, these two impressive 5,206 sq ft freehold buildings present a rare and versatile investment opportunity. Currently arranged as eight self-contained one-bedroom apartments, all let on assured shorthold tenancies (ASTs), the property generates an annual rental income of £91,200, this can be vastly improved upon and we believe there is an estimated rental value (ERV) of approximately £132,000. Set on a notably large plot, the building offers significant scope for further development or reconfiguration, subject to planning consent. Whether you're looking to enhance the existing layout, explore extension potential, or redevelop entirely, this property provides a compelling canvas for capital growth.

Lower Addiscombe is a well-connected and desirable area of Croydon, popular with renters and homeowners alike, with excellent transport links, local amenities, and green spaces nearby.

Please use the reference PTNY6207270 when contacting Foxtons.

Brochures

Property detailsSuper sized images

Outram Road, Croydon, Lower Addiscombe, Croydon, CR0

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sandilands Tram Stop0.1 miles
  • Addiscombe Tram Stop0.3 miles
  • Lebanon Road Tram Stop0.4 miles

About Residential Development & Investment London, Covering London

566, Building One Chiswick High Road, London, W4 5BE

Foxtons is proud to be London?s leading estate agency, with sales, lettings, property management and support specialists working across more than 50 interconnected offices.

Our business is built to serve customers better, with the scale required to reach more people, fuelled by the commitment and expertise of our teams, supported by best-in-class technology. These strengths allow us to consistently deliver the great results our customers expect.

We know that outstanding service produces great results. You?ll experience this through:

? Your team of specialists. Our negotiators, valuers, managers and support teams and are on hand to help you throughout your sales transaction. They are all experts in their local areas, making them best-placed to help you find your perfect property. We can connect you with independent mortgage and conveyancing specialists will help you effectively navigate the buying or selling process. With Foxtons you'll get all the support you need.

? Our reach across London. Our interconnected network of teams and offices means we?re able to connect more buyers with sellers than anyone else. We help 39% of our buyers discover properties in areas they had not previously considered.

? Technology to support your purchase. We ensure that you have the latest technology to support your transaction. My Foxtons, your property portal, has a host of features to give you maximum transparency and control over the buying and selling process.

We believe it?s the exceptional service we deliver that makes Foxtons the best place to buy, sell, let or rent a property, and our customers agree, rating us ?excellent? on Trustpilot.

Foxtons is proud to be London?s leading estate agency, with sales, lettings, property management and support specialists working across more than 50 interconnected offices.

Our business is built to serve customers better, with the scale required to reach more people, fuelled by the commitment and expertise of our teams, supported by best-in-class technology. These strengths allow us to consistently deliver the great results our customers expect.

We know that outstanding service produces great results. You?ll experience this through:

? Your team of specialists. Our negotiators, valuers, managers and support teams and are on hand to help you throughout your sales transaction. They are all experts in their local areas, making them best-placed to help you find your perfect property. We can connect you with independent mortgage and conveyancing specialists will help you effectively navigate the buying or selling process. With Foxtons you'll get all the support you need.

? Our reach across London. Our interconnected network of teams and offices means we?re able to connect more buyers with sellers than anyone else. We help 39% of our buyers discover properties in areas they had not previously considered.

? Technology to support your purchase. We ensure that you have the latest technology to support your transaction. My Foxtons, your property portal, has a host of features to give you maximum transparency and control over the buying and selling process.

We believe it?s the exceptional service we deliver that makes Foxtons the best place to buy, sell, let or rent a property, and our customers agree, rating us ?excellent? on Trustpilot.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 1340008. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Development & Investment London, Covering London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.