6 bed property

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6 bed property

Stafford Road, Waddon, Croydon CR0
£630,000

Our Summary

  • Mixed use freehold business premises/ residential investment opportunity
  • There is excellent scope to re-develop and change usage of this property to separate commercial and residential parts (Flats/HMO) to maximize potential income, subject to local authority consents etc

Description

This mixed-use property offers a unique investment opportunity, with a substantial retail space formerly used as a Chinese restaurant and takeaway, and spacious residential accommodation arranged over three floors. The retail area includes a large open space, storage facilities, and male and female WCs, while the residential portion features five to six double bedrooms, two kitchens, two bathrooms, and three WCs. The property also has a rear yard with gated parking and a frontage with parking. With an EPC rating of C and a council tax band of C, there is excellent scope to redevelop and change the usage of the property to separate commercial and residential parts, subject to local authority consents.
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