165 & 167 Coombe Road, Croydon, CR0

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.

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.