High-density redevelopment opportunity near major transport hubs.
Freehold cleared site of approx 0.52 acres (0.21 ha)
A rare freehold development plot in central Croydon, offered with an established short-term income stream from a surface car park. The cleared, level site extends to approximately 0.52 acres (0.21 ha) and sits within the Local Plan as suitable for residential use, previously benefiting from consent for 230 units across two towers of 11 and 33 storeys.
The location delivers strong transport links — walking distance to both West and East Croydon stations with fast services to central London and Gatwick — and sits within a high-density, recently redeveloped town-centre context. The site is well served for local amenities, education and digital connectivity, and has visible servicing and vehicular access from the street.
Important considerations: the existing NCP car park provides circa £67,200 pa but operates on flexible terms with termination provisions, so income is not guaranteed long-term. There is no soft landscaping or private garden provision on-site and surrounding town-centre uses mean primary outlooks are urban. Crime levels are recorded above average for the area, which may influence project specification and management costs.
This opportunity will suit residential-led developers or investors able to fast-track a high-density scheme (or pursue alternative uses). The site’s planning history and Local Plan allocation reduce planning risk compared with a greenfield site, but prospective buyers should verify the current status of consents, site servicing and any abnormal development costs before offer.
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