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Thornton Heath CR7 Mixed use for sale
Thornton Heath CR7
£420,950
Thornton Heath CR7
£420,950
Our Summary
- This prominent mixed-use property offers substantial space and excellent development potential
- Development Potential:
- This property offers significant scope for redevelopment, including:
- Potential for a single or double-storey extension to the rear (Subject to planning permission)Opportunity to reconfigure or expand for increased rental yield or capital appreciation
Description
Crown Real Estate presents a unique investment opportunity to acquire a freehold building in Croydon, comprising a ground floor retail unit and a self-contained first-floor flat. The property offers substantial space and excellent development potential, with the ground floor featuring a spacious retail unit, storage room, and additional bathroom, while the first floor has two bedrooms, a lounge area, and a WC room. The property is situated on the busy London Road, with high pedestrian footfall and excellent transport links, and benefits from being surrounded by local shops, amenities, and a vibrant community. The building also offers significant scope for redevelopment, including potential for a single or double-storey extension to the rear, subject to planning permission, making it an attractive opportunity for investors looking to capitalize on its prime location and development potential.