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73 Croham Rd 9,090 sq ft Specialist Building Offered at £2,650,000 at a 7.58% Net Initial Yield in South Croydon CR2 7HG
Investment Highlights
- Detached purpose-built block of 12 flats (11 x 2-bed and 1 x 1-bed)
- 1.5 miles from Croydon town centre
- Site area extends to approximately 0.18 hectares (0.44 acres)
Executive Summary
Thorne Court comprises a detached residential block of 12 flats, laid out over two-storeys with roof accommodation. It is of brick construction with a pitched tiled roof. Internally the building is configured to provide 11 x two-bedroom flats and 1 x one-bedroom flat. The property has a Gross Internal Area of 9,090 sq ft (844 sq m). Floor plans are available in the data room. The property benefits from a communal garden and rear car parking area with approximately 11 off-street car parking bays. A further parking space is located to the front of the building, along with refuse facilities The site area extends to approximately 0.18 hectares (0.44 acres).
Property Facts
| Price | £2,650,000 | Property Subtype | Residential Income |
| Price per sq ft | £291.53 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 0.44 ac |
| Yield | 7.58% | Property Size | 9,090 sq ft |
| Tenure | Freehold | No. Floors | 2 |
| Property Type | Specialist | Year Built | 1970 |
| Price | £2,650,000 |
| Price per sq ft | £291.53 |
| Sale Type | Investment |
| Yield | 7.58% |
| Tenure | Freehold |
| Property Type | Specialist |
| Property Subtype | Residential Income |
| Costar Property Class | C |
| Total Plot Size | 0.44 ac |
| Property Size | 9,090 sq ft |
| No. Floors | 2 |
| Year Built | 1970 |
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73 Croham Rd
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