Summary - Altyre Road, Croydon, London, CR9 CR9 2LG
132 bed 1 bath Residential Development
High‑yield development plot with permitted change of use and reconfiguration potential.
Directly opposite East Croydon Station, exceptional connectivity
A substantial seven‑storey freehold building directly opposite East Croydon Station, offered with permitted development rights to 132 apartments. The existing office (Class E) extends to 81,546 sq ft GIA with a net internal area of 59,045 sq ft under the consented residential scheme (112 studios, 20 one‑beds). The site occupies approximately 0.59 acres and includes 16 at‑grade parking spaces. Offers are sought in excess of £8,000,000, reflecting a low capital value of about £135 per sq ft on the consented NIA.
This asset is targeted at investors and operators seeking a city‑edge conversion for build‑to‑rent, co‑living, student or hotel/education uses. There is flexibility to reconfigure studios into one‑bed units, and architects have produced indicative studies for upward extension and new build options, presenting clear value‑add potential through densification or product repositioning.
Buyers should assess rail noise and vibration given the immediate proximity to busy tracks, and consider the surrounding area’s high crime and very deprived socio‑economic profile when underwriting rental assumptions. The marketing material contains limited internal detail; interested parties should review the full technical pack and surveys (EPCs available) before exchange.
Residential development for sale in Edridge Road, Croydon, London, CR0 — POA • 1 bed • 1 bath • 23087 ft²
Residential development for sale in 224 St James's Road, Greater London, Croydon, CR0 2BW, CR0 — £2,450,000 • 1 bed • 1 bath • 24445 ft²
Residential development for sale in 20-24, Mayday Road, Croydon, CR7 7HL, CR7 — £4,000,000 • 1 bed • 1 bath
High street retail property for sale in Units A & B St Michaels Square, 6-44 Station Road, Croydon, CR0 2RB, CR0 — POA • 1 bed • 1 bath • 4823 ft²
2 bedroom apartment for sale in Addiscombe Grove, East Croydon, CR0 5, CR0 — £335,000 • 2 bed • 2 bath • 415 ft²
Land for sale in 32 - 44 Keeley Road, Croydon, CR0 1DW, CR0 — £3,000,000 • 1 bed • 1 bath
