High Street, South Norwood
OA

High Street, South Norwood

By Oaks Estate Agents

£ 800,000

Reviews

2 out of 5 stars

Oaks Estate Agents says ..

Oaks Estate Agents are delighted to present a unique opportunity to acquire a reputable business with loyal customer base in the heart of South Norwood.

Property Oracle says ..

This property is a multi-unit building situated on the High Street in South Norwood, Croydon. It comprises a ground floor commercial space, housing a laundrette and a hair salon, and a multi-bedroom apartment above. The apartment appears to need some renovations as it presents a mix of condition throughout the different areas; some rooms are well maintained, others visibly outdated and in need of repair. The property's key selling points are its location on the High Street and the potential for rental income from both the business and apartment units. However, potential buyers should note the age and condition of the building, the absence of any outdoor space and the lack of clarity regarding the value of the incorporated business. The lack of plot size and the overall condition of the property may impact it's overall value and therefore need to be taken into consideration, when comparing it against nearby comparable properties. Therefore, we give this property 4 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

Price
6
Condition
5
Location
7
Land
1
Bedrooms
5
Bathrooms
5
Sqft (est)
2,490.23

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Oaks Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Harris Academy South NorwoodAcademy Sponsor LedOutstanding0.19 KM
Harris Aspire AcademyFree Schools Alternative ProvisionGood0.35 KM
Harris Professional Skills Sixth FormFree Schools 16 To 190.35 KM
St Mark'S Church Of England Primary AcademyAcademy Sponsor LedGood0.38 KM
South Norwood PrimaryAcademy Sponsor Led0.44 KM

Images

Picture No. 15 Picture No. 09 Picture No. 06 Picture No. 01 Picture No. 04 Picture No. 02 Picture No. 03 Picture No. 07 Picture No. 05 Picture No. 10 Picture No. 14

Nearby Streets

NameAverage PriceAverage SqftDistance
Crowther Road £ 000.49 KM
St Mark's Road £ 220,00000.58 KM
Merton Road £ 365,00000.61 KM
Foot Path 726 £ 200,00001.11 KM
Foot Path 797 £ 001.27 KM

Nearby Transport

NameNLCTLCDistance
Norwood Junction5376NWD0.23 KM
Selhurst5434SRS1.66 KM
Anerley5397ANZ1.78 KM
Crystal Palace5356CYP2.14 KM
Birkbeck5401BIK2.21 KM

Nearby Listings

AddressPriceScoreDistance
High Street, South Norwood £ 800,0004 / 100.00 KM
High Street, London, SE25 £ 800,0005 / 100.05 KM
1A Suffolk Road, London, SE25 £ 275,0005 / 100.08 KM
Suffolk Road, London, SE25 £ 300,000Unknown0.08 KM
Suffolk Road, London £ 375,000Unknown0.14 KM

Nearby Properties

AddressPriceDistance
76a High Street £ 180,0000.01 KM
76c High Street £ 71,5000.01 KM
76d High Street £ 109,7500.01 KM
76e High Street £ 230,0000.01 KM
76b High Street £ 93,0000.01 KM