For Sale. making property work. 165 & 167 Coombe Road Croydon Surrey CR0 5SQ. Rarely available residential investment opportunity comprising 10 flats

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Irene George
5 years ago
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165 & 167 Coombe Road Croydon Surrey CR0 5SQ Rarely available residential investment opportunity comprising 10 flats Two substantial freehold blocks.

1 165 & 167 Coombe Road Croydon Surrey CR0 5SQ Rarely available residential investment opportunity comprising 10 flats Two substantial freehold blocks. Available individually or together. Additional development potential to the rear and side of No.165 Income of 106,560 pax Guide price: In excess of 2,550,000 For Sale making property work

LOCATION 165 & 167 Coombe Road, Croydon is situated close to a number of local parks and schools.

A more substantial retail and employment offering is found in Croydon town centre.

Local Public Transport: South Croydon Rail Station (0.5 miles); East Croydon Rail Station (1.

2 LOCATION 165 & 167 Coombe Road, Croydon is situated close to a number of local parks and schools. A wide variety of shops, bars and restaurants are within walking distance in South Croydon town centre. A more substantial retail and employment offering is found in Croydon town centre. The local character of the area consists of detached houses on relatively large plots. Local Public Transport: South Croydon Rail Station (0.5 miles); East Croydon Rail Station (1.1 miles); Lloyd Park Tramlink (0.2 miles); Excellent bus connections into Croydon town Centre as well as south to nearby towns such as Purley and Coulsdon. (466, 60, 166, 407, 312).

3 DESCRIPTION This property for sale comprises two residential freehold blocks and adjacent land. Both blocks have been converted into self-contained flats which are occupied and let on assured shorthold tenancy agreements. The land adjacent to 165 Coombe Road (on the south east side of Dittoncroft Close) is held under separate title and currently used as four parking bays. The investment currently produces 106,560 pax which can be significantly improved upon rent review. TENURE The freehold interest in 165 Coombe Road is held under title SGL The freehold interest in 167 Coombe Road is held under title SY The freehold interest in the land on the south east side of Dittoncroft Close is held under title SGL DEVELOPMENT POTENTIAL The property has the potential for additional residential development by utilising the rear of 165 Coombe Road and the land on the south east side of Dittoncroft Close held under separate title, subject to the grant of planning consent.

Red Area = The freehold interest in 165 Coombe Road is held under title

4 KEY Blue Area = The freehold interest in 167 Coombe Road is held under title SY Red Area = The freehold interest in 165 Coombe Road is held under title SGL Green Area = The freehold interest in the land on the south east side of Dittoncroft Close is held under title SGL

5 165 COOMBE ROAD, SOUTH CROYDON 167 COOMBE ROAD, SOUTH CROYDON *The four car parking bays adjacent to 165 Coombe Road are held under separate freehold title. **Floor plans can also be downloaded from our website.

OFFERS Offers are to be in excess of 2,550,000 for the three freehold titles and should be made in writing to Stiles Harold Williams. Offers will also be considered for each block individually.

6 OFFERS Offers are to be in excess of 2,550,000 for the three freehold titles and should be made in writing to Stiles Harold Williams. Offers will also be considered for each block individually. Please include the following detail: Offer amount; Any conditions; Proposed timescales; Solicitor details. VIEWINGS Viewings can be arranged strictly by appointment by contacting Stiles Harold Williams on EPC The Energy Performance Certificates can be provided for each flat upon request and are available on our website. VAT We are advised that VAT is not applicable. FURTHER INFORMATION Please contact us for further information and viewing arrangements.

7 Coombe Road 165, CR0 Approximate gross internal area 287 sq m / 3089 sq ft Under 1.5m head height x 10.17M 49'10'' x 33'4'' 5.09 x 2.78M 16'8'' x 9'1'' 2.79 x 2.81M 9'2'' x 9'3'' 2.19 x 2.10M 7'2'' x 6'11'' CELLAR 6.06 x 5.42M 19'11'' x 17'9'' STUDIO 4.17 x 3.64M 13'8'' x 11'11'' 4.60 x 4.46M 15'1'' x 14'8'' Second Floor Cellar FB 3.02 x 2.82M 9'11'' x 9'3'' FA FC 1.96 x 3.45M 6'5'' x 11'4'' 3.91 x 3.65M 12'10'' x 12' 6.04 x 4.25M 19'10'' x 13'11'' 3.64 x 2.65M 11'11'' x 8'8'' 4.55 x 3.60M 14'11'' x 11'10'' FD x 7.98M 40' x 26'2'' 3.43 x 1.76M 11'3'' x 5'9'' 4.11 x 3.66M 13'6'' x 12' 5.13 x 4.23M 16'10'' x 13'11'' Ground Floor First Floor Floor Plan produced by Mays Floorplans. Tel Illustration for identification purposes only, not to scale All measurements are maximum, and include wardrobes and window bays where applicable

8 Coombe Road 167, CR0 Approximate gross internal area 343 sq m / 3692 sq ft Under 1.5m head height x 11.65M 40'4'' x 38'3'' / 5.11 x 2.80M 16'9'' x 9'2'' / 4.85 x 4.51M 15'11'' x 14'10'' x 3.64M 41'1'' x 11'11'' 2.80 x 1.87M 9'2'' x 6'2'' F6 Second Floor CELLAR 6.10 x 5.36M 20' x 17'7'' Cellar F x 2.80M 16'2'' x 9'2'' 5.47 x 5.46M 17'11'' x 17'11'' 4.20 x 3.60M 13'9'' x 11'10'' F x 2.64M 19'9'' x 8'8'' 5.88 x 2.32M 19'3'' x 7'7'' 3.03 x 1.68M 9'11'' x 5'6'' F1 F x 3.63M 12'8'' x 11'11'' 4.66 x 4.25M 15'3'' x 13'11'' 4.20 x 3.65M 13'9'' x 12' 4.64 x 2.45M 15'3'' x 8' F4 F x 7.15M 35'5'' x 23'5'' 3.54 x 3.30M 11'7'' x 10'10'' 5.20 x 4.23M 17'1'' x 13'11'' Ground Floor First Floor Floor Plan produced by Mays Floorplans. Tel Illustration for identification purposes only, not to scale All measurements are maximum, and include wardrobes and window bays where applicable

RESIDENTIAL DEVELOPMENT DEMOLITION OF EXISTING HOTEL AND ERECTION OF 29 FLATS SITE AREA APPROX HECTARES (0.99 ACRES)

RESIDENTIAL DEVELOPMENT DEMOLITION OF EXISTING HOTEL AND ERECTION OF 29 FLATS SITE AREA APPROX - 0.4 HECTARES (0.99 ACRES) Normanton Park Hotel, 34-36 Normanton Road, South Croydon, Surrey, CR2 7AR FOR