Handcroft Road, Croydon, Surrey CR0 3LE
CH

Handcroft Road, Croydon, Surrey CR0 3LE

By Christopher St James

£ 1,200,000

Reviews

2 out of 5 stars

Christopher St James says ..

Freehold Industrial site for sale with re development potential STP. Offered with vacant possession - Unconditional offers only - Sole agents

Property Oracle says ..

This property at Handcroft Road, Croydon, presents a unique investment opportunity. The large building, currently used as a car repair garage, occupies a sizeable plot in a reasonably convenient location. The property is within walking distance of West Croydon station, offering good transport connections. Several highly-rated schools are also nearby, indicating a family-friendly area. The building itself appears structurally sound from the outside, but interior images reveal a need for modernisation. The garage facilities show some wear and tear, and the overall aesthetic is dated. The lack of bedrooms and bathrooms, as stated in the property listing, makes the property unsuitable for immediate residential use; therefore the conversion or extensive renovation of the building would be required. The listed price reflects the size of the plot and potential for development but may be considered high given the current state and requirement for redevelopment. The absence of a precise plot size and square footage for comparable properties makes definitive price per square foot comparisons challenging. A detailed survey and professional valuation are strongly recommended to assess the true value and potential of the property. Given its size and location, it may appeal to developers or those with substantial capital available for renovation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
10,763.91

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
299,286.00 £
Decreased by 12.95 %
from 343,794.00 £
Est sale value
4,650,009.12 £
Increased by 3.60 %
from 4,488,550.47 £
Average area rental value
1,709.00 £/mo
Decreased by 4.68 %
from 1,793.00 £/mo
Est letting value
21,527.82 £/mo
Unchanged by 0.00 %
from 21,527.82 £/mo
Est rental Yield
6.85 %
Increased by 9.42 %
from 6.26 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Christopher St James created the listing.

Nearby Schools

NameTypeOfstedDistance
Chestnut Park Primary SchoolAcademy Sponsor LedOutstanding0.44 KM
Elmwood Junior SchoolCommunity SchoolGood0.52 KM
Elmwood Infant SchoolCommunity SchoolGood0.52 KM
Harris Invictus Academy CroydonFree SchoolsOutstanding0.58 KM
Al-Khair School Preparatory SchoolOther Independent SchoolGood0.65 KM

Images

outline main 1.jpg IMG-20250116-WA0018.jpg main outline.jpg IMG-20250116-WA0012.jpg IMG-20250116-WA0013.jpg IMG-20250116-WA0014.jpg IMG-20250116-WA0015.jpg IMG-20250116-WA0016.jpg IMG-20250116-WA0017.jpg HANDCROFT ROAD 156 FIRST FLOOR.jpeg HANDCROFT ROAD 156 GROUND FLOOR.jpeg

Nearby Streets

NameAverage PriceAverage SqftDistance
Campbell Road £ 000.00 KM
Elmwood Road £ 355,00000.00 KM
Hartley Road £ 275,00000.00 KM
Greenwood Road £ 000.00 KM
York Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
West Croydon5411WCY0.82 KM
Waddon5392WDO1.93 KM
East Croydon5355ECR1.93 KM
Thornton Heath5388TTH2.04 KM
Selhurst5434SRS2.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Handcroft Road, Croydon, Surrey CR0 3LE £ 1,200,000BUY5 / 100.00 KM
Sumner Road, Croydon, CR0 £ 425,000BUY4 / 100.06 KM
Cavendish Road, Croydon £ 300,000BUY6 / 100.08 KM
Eastney Road, Croydon £ 425,000BUY5 / 100.09 KM
London Road, Croydon £ 190,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
1 Sumner Road £ 205,0000.04 KM
7 Sumner Road £ 212,0000.04 KM
165 Handcroft Road £ 220,0000.04 KM
143 Handcroft Road £ 312,0000.04 KM
159 Handcroft Road £ 168,5000.04 KM