Coombe Road, Croydon
Size
4,359.38
Tenure
Freehold
EPC
Ask agent
Parking
4
- Primary use
- Residential development
- Other use(s)
- Residential development
No floor / site plan
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Parking
- Transport links
- Well connected
- Natural light
- Security system
- Twenty four hour access
Key features
- Freehold block of flats for sale in Croydon — a rare semi-detached freehold investment comprising four self-contained apartments.
- Outstanding gross yield of approx. 9.9% at the £650,000 guide price — a strong return for income-focused investors.
- Fully let with immediate income — currently producing £64,200 per annum (£5,350 pcm) across all four flats.
- Four self-contained apartments — three one-bedroom flats and one two-bedroom flat, each sold with the benefit of a leasehold interest.
- Prime South London commuter location — approx. 13-minute walk to East Croydon station, with direct trains to London Bridge, Victoria, and Gatwick.
- Excellent local transport links — Tramlink stops at George Street and East Croydon within 13 minutes' walk, plus nearby bus routes.
- Close to major shopping and dining — Centrale, Whitgift, and Boxpark Croydon all within easy reach, alongside the South End restaurant quarter.
- Regeneration hotspot — Croydon has seen over £49m invested in public realm, transport, and business infrastructure, supporting future growth.
- Well-served by schools and green spaces — Heathfield Academy and Croydon Metropolitan College nearby, plus Coombe Wood and Crystal Palace Park.
- Ideal for portfolio landlords and buy-to-let investors — strong rental demand with potential for future rental uplift and capital growth.
Description
Palace Auctions London | 23rd September 2026 | 12 noon | St James Room, Claridge’s
Key Investment Opportunity:
Freehold investment property Croydon – semi-detached block of four self-contained flats, fully let, producing £64,200 p.a. (approx. 9.9% gross yield). Prime South London location near East Croydon station, Boxpark, and major regeneration.
Freehold Block of Flats for Sale Croydon – Fully Let Investment
Guide Price: £650,000 (subject to contract) Tenure: Freehold, sold with the benefit of four leasehold apartments Current Gross Income: £64,200 per annum Yield: Approx. 9.9% gross
The Property
A rare opportunity to acquire a semi-detached freehold investment property in Croydon, CR0. 61 Coombe Road is a substantial period house, professionally converted into four self-contained apartments (three x 1-bedroom, one x 2-bedroom), each sold with the benefit of their leasehold interests. The property is fully let, offering immediate income and strong rental demand in a high-growth South London market.
Accommodation Schedule
Flat Floor Bedrooms Current Rent (pcm) Tenancy Status
Flat 1 Ground 1 £1,300 Let
Flat 2 First 1 £1,300 Let
Flat 3 Second 1 £1,300 Let
Flat 4 Top (Third) 2 £1,450 Let
Total Current Rent: £5,350 per month / £64,200 per annum
Location & Connectivity
East Croydon Station: Approx. 13-minute walk (direct trains to London Bridge, Victoria, Gatwick)
Tramlink: George Street & East Croydon stops within 13 minutes’ walk
Bus Stops: Coombe Road South End (2 mins), Swan & Sugar Loaf (5 mins)
Shopping & Dining: Centrale, Whitgift, and Boxpark Croydon all nearby
South End Restaurant Quarter: Renowned for diverse dining, moments away
Schools: Heathfield Academy (410 yards), Croydon Metropolitan College (440 yards)
Green Spaces: St John’s Memorial Garden, Coombe Wood, Crystal Palace Park
Healthcare: Multiple GP surgeries and pharmacies within walking distance.
Investment Highlights
Freehold block of flats for sale Croydon – fully let, producing immediate income
Outstanding gross yield of approx. 9.9% at guide price
High-demand commuter location – walk to East Croydon station, Tramlink, and major bus routes
Strong rental market – Croydon yields among the highest in Greater London
Regeneration hotspot – over £49m invested in Croydon’s public realm, transport, and business infrastructure
Ideal for portfolio landlords and buy-to-let investors seeking stable, long-term returns
Potential for future rental uplift and capital growth as Croydon continues to develop.
Tenure & Legal Information
Tenure: Freehold, sold together with the benefit of four leasehold apartments (see legal pack for lease details)
Legal Pack: Available to download at palaceauctions.com
Viewing: By appointment only.
Important Notices & Legal Disclaimers
Auction Conduct: Every sale at the London Property Auction is conducted under the latest RICS Common Auction Conditions. The auction is subject to the General and Special Conditions of Sale and Important Notice-Guide to buying at auctions.
Contractual Binding: The fall of the hammer constitutes a legally binding contract upon both the buyer and the seller.
Buyers’ Fees and Additional Charges: A Buyers’ Fee is payable on the fall of the hammer to Palace Auctions London. Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for each of the Lots prior to bidding to check for any additional charges and fees.
Due Diligence: Palace Auctions provides comprehensive legal packs for every property. These include title deeds, searches, special conditions, and any tenancy information. Prospective buyers should always check the addendum sheet and late entry sheet to see if there are any alterations or amendments.
Just a reminder:
This is a rare chance to secure a high-yielding, fully let freehold block of flats in a prime Croydon location, with immediate income and long-term growth potential. Early viewing and due diligence are strongly recommended. For further information, legal pack downloads, or to arrange a viewing visit
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- Business rates
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- Use class
- C3, C4
- Listed building
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- Floors in building
- 4
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Coombe Road, Croydon
About Palace Auctions (London) LTD, London
Palace Auctions London is a leading property auctioneer, specialising in residential and commercial sales across all London boroughs and beyond. Our award-winning team combines unrivalled local expertise with global reach, offering both in-room and advanced online auctions for maximum exposure and certainty of sale. We provide transparent, competitive bidding, legally binding transactions, and a seamless process from expert valuation to completion—typically within 28 to 56 days.
Our services include free market appraisals, tailored marketing, legal pack preparation, and specialist advice for investors, developers, first-time buyers, and charities. With a 95% completion rate and record results in prime London areas, we deliver swift, secure sales and outstanding value for every client.
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Disclaimer - Property reference ERS1926. 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 Palace Auctions (London) LTD, 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.