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as it presents a mix of condition throughout the different areas; some rooms are well maintained, others visibly outdated and in need of repair.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
- 71,897Increased by 12%
- Rental Yield Growth
- 24.57%Decreased by 4.05%
Agent Activity
Oaks Estate Agents created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Harris Academy South Norwood | Academy Sponsor Led | Outstanding | 0.19 KM |
Harris Aspire Academy | Free Schools Alternative Provision | Good | 0.35 KM |
Harris Professional Skills Sixth Form | Free Schools 16 To 19 | 0.35 KM | |
St Mark'S Church Of England Primary Academy | Academy Sponsor Led | Good | 0.38 KM |
South Norwood Primary | Academy Sponsor Led | 0.44 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Crowther Road | £ 0 | 0 | 0.49 KM |
St Mark's Road | £ 220,000 | 0 | 0.58 KM |
Merton Road | £ 365,000 | 0 | 0.61 KM |
Foot Path 726 | £ 200,000 | 0 | 1.11 KM |
Foot Path 797 | £ 0 | 0 | 1.27 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Norwood Junction | 5376 | NWD | 0.23 KM |
Selhurst | 5434 | SRS | 1.66 KM |
Anerley | 5397 | ANZ | 1.78 KM |
Crystal Palace | 5356 | CYP | 2.14 KM |
Birkbeck | 5401 | BIK | 2.21 KM |
Nearby Listings
Address | Price | Score | Distance |
---|---|---|---|
High Street, South Norwood | £ 800,000 | 4 / 10 | 0.00 KM |
High Street, London, SE25 | £ 800,000 | 5 / 10 | 0.05 KM |
1A Suffolk Road, London, SE25 | £ 275,000 | 5 / 10 | 0.08 KM |
Suffolk Road, London, SE25 | £ 300,000 | Unknown | 0.08 KM |
Suffolk Road, London | £ 375,000 | Unknown | 0.14 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
76a High Street | £ 180,000 | 0.01 KM |
76c High Street | £ 71,500 | 0.01 KM |
76d High Street | £ 109,750 | 0.01 KM |
76e High Street | £ 230,000 | 0.01 KM |
76b High Street | £ 93,000 | 0.01 KM |