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0 0 Freehold Block of Apartments

Features

Freehold block of 9 self-contained residential units
Sale via SPV (company share transfer)
Built in 2015 – modern, low-maintenance asset
Total internal area approx. 6,706 sq ft
Strong unit mix – majority 2-bedroom apartments
Includes detached split-level 2-bedroom maisonette
Current rent roll: £171,600 p.a.
Estimated market rent: £188,400 p.a.
Reversionary potential
9 separate AST tenancies providing diversified income
Gated development with 7 parking spaces
Private outdoor space to selected units (balconies/patios)
EPC rating B across all units
Close to Croydon town centre and transport links into London
Proven tenant demand in a strong South London rental market

Summary

Please note the photos were taken at the time of construction in 2015.

Sale via SPV (company share transfer)
A rare opportunity to acquire a modern freehold residential block of 9 self-contained apartments, constructed in 2015 and arranged across a main building and a detached split-level maisonette to the rear.

The development comprises a highly lettable mix of predominantly two-bedroom units, offering strong, diversified income across 9 AST tenancies. The apartments are well-proportioned with modern open-plan layouts, many benefitting from private outdoor space including balconies and patios, alongside secure gated parking.

Positioned on a quiet residential road within easy reach of Croydon town centre (approx. ¾ mile), the property enjoys excellent connectivity into Central London and continues to see strong tenant demand from professional occupiers.

This is a fully income-producing investment with clear reversionary potential, making it an attractive addition to any residential portfolio.

Description

Please note the photos were taken at the time of construction in 2015.

A rare opportunity to acquire a modern freehold residential block of 9 self-contained apartments, constructed in 2015 and arranged across a main building and a detached split-level maisonette to the rear.

The development comprises a highly lettable mix of predominantly two-bedroom units, offering strong, diversified income across 9 AST tenancies. The apartments are well-proportioned with modern open-plan layouts, many benefitting from private outdoor space including balconies and patios, alongside secure gated parking.

Positioned on a quiet residential road within easy reach of Croydon town centre (approx. ¾ mile), the property enjoys excellent connectivity into Central London and continues to see strong tenant demand from professional occupiers.

This is a fully income-producing investment with clear reversionary potential, making it an attractive addition to any residential portfolio. Sale via SPV (company share transfer)

Gross Yield: 5.30%

Utilities, Rights, Easements & Risks

Utility Supplies
Electricity Ask Agent
Water Ask Agent
Heating Ask Agent
Broadband Ask Agent
Sewerage Ask Agent
Rights & Restrictions
Article 4 Area Yes
Listed property Ask Agent
Restrictions Ask Agent
Required access Ask Agent
Rights of Way Ask Agent
Risks
Flooded in last 5 years Ask Agent
Flood defenses Ask Agent
Flood sources Ask Agent

Additional Details

Parking Spaces: 7 Parking Spaces
Tenure: Freehold

Additional Features

Chain Free
Investment Opportunity

EPC Charts

Mobile Coverage

Mobile coverage information is not available for this property.

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Paul O'Shea Homes - Sales 02086817000