Summary - 322 STAFFORD ROAD CROYDON CR0 4NH
1 bed 1 bath Commercial Property
Fully let parade property with instant rental income and redevelopment potential STPP.
Freehold mixed-use building, four fully let units
A freehold, fully let mixed-use property in Wallington producing £64,000 per annum from four independent units. Two long-standing ground-floor commercial tenants (café and takeaway) provide street-level income, while two self-contained two-bedroom flats above are let on assured shorthold tenancies. Each unit has separate access and the building is offered with immediate income.
The location on Stafford Road benefits from strong local amenities, excellent transport links (Wallington and Waddon stations nearby), and good nearby schools. The asset suits a hands-off investor seeking stable yield, or a buyer considering future value uplift and possible redevelopment potential subject to planning.
Notable practical points: the building dates from c.1900–1929 with solid brick walls likely without cavity insulation, and some external elements may need cosmetic attention. Two commercial leases run to 2034 and 2040 respectively; residential lets are ASTs. The plot is small with a typical mid-terrace footprint, so expansion options are limited without planning consent.
Overall this is an income-producing, low-management, freehold investment in a busy suburban parade. It offers immediate cashflow and scope for modest value improvement, balanced by older construction fabric and limited outside space.
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