Summary - 20 Mayday Road,THORNTON HEATH,CR7 7HL CR7 7HL
1 bed 1 bath Residential Development
Consented scheme for 57 flats on a full freehold acre near Croydon centre.
Freehold site of 1.01 acres (0.41 hectares)
Planning permission for 57 flats across three separate blocks
Total Net Sales Area 43,623 sq ft
100% private residential scheme (no affordable units)
Existing mixed-use storage units require demolition/clearance
Located ~1 mile north of Croydon town centre with good amenities
Area records high crime and is very deprived — factor in risk
Excellent mobile signal and fast broadband speeds
This is a freehold development site extending to 1.01 acres with planning permission granted for 57 private flats across three blocks. The consented scheme delivers a total net sales area of 43,623 sq ft and sits approximately one mile north of Croydon town centre, making it a straightforward acquisition for a developer or investor targeting south London rental or sales markets.
The site presently comprises mixed-use storage and distribution units with an external service yard, so demolition and site clearance will be required before construction. Planning is for a 100% private residential scheme, which simplifies the consent but means no affordable housing provision is included in the current permission.
Location strengths include proximity to multiple state schools (two rated Outstanding), a wide range of local amenities, strong mobile signal and fast broadband. Conversely, the immediate area records high crime rates and a very deprived local profile, which may affect pricing, rental levels and sales velocity; appropriate security and placemaking measures should be budgeted.
Offers are sought unconditional. This opportunity will suit developers or investors able to manage demolition, local market positioning and on-site delivery in an established but challenged urban neighbourhood.
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