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 %
- Est sale value
- 4,650,009.12 £Increased by 3.60 %
- Average area rental value
- 1,709.00 £/moDecreased by 4.68 %
- Est letting value
- 21,527.82 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.85 %Increased by 9.42 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Christopher St James created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chestnut Park Primary School | Academy Sponsor Led | Outstanding | 0.44 KM |
| Elmwood Junior School | Community School | Good | 0.52 KM |
| Elmwood Infant School | Community School | Good | 0.52 KM |
| Harris Invictus Academy Croydon | Free Schools | Outstanding | 0.58 KM |
| Al-Khair School Preparatory School | Other Independent School | Good | 0.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Campbell Road | £ 0 | 0 | 0.00 KM |
| Elmwood Road | £ 355,000 | 0 | 0.00 KM |
| Hartley Road | £ 275,000 | 0 | 0.00 KM |
| Greenwood Road | £ 0 | 0 | 0.00 KM |
| York Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| West Croydon | 5411 | WCY | 0.82 KM |
| Waddon | 5392 | WDO | 1.93 KM |
| East Croydon | 5355 | ECR | 1.93 KM |
| Thornton Heath | 5388 | TTH | 2.04 KM |
| Selhurst | 5434 | SRS | 2.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Handcroft Road, Croydon, Surrey CR0 3LE | £ 1,200,000 | BUY | 5 / 10 | 0.00 KM |
| Sumner Road, Croydon, CR0 | £ 425,000 | BUY | 4 / 10 | 0.06 KM |
| Cavendish Road, Croydon | £ 300,000 | BUY | 6 / 10 | 0.08 KM |
| Eastney Road, Croydon | £ 425,000 | BUY | 5 / 10 | 0.09 KM |
| London Road, Croydon | £ 190,000 | BUY | Unknown | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Sumner Road | £ 205,000 | 0.04 KM |
| 7 Sumner Road | £ 212,000 | 0.04 KM |
| 165 Handcroft Road | £ 220,000 | 0.04 KM |
| 143 Handcroft Road | £ 312,000 | 0.04 KM |
| 159 Handcroft Road | £ 168,500 | 0.04 KM |