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Wrenwood Court 38 Hermitage Road, Croydon, Surrey, CR8 5EB

Land for sale

Total price

• For sale - freehold residential development and ground rent investment opportunity.

• The site exists as a block of 11x ''sold-off'' flats with their associated car parking and communal gardens, producing £4,200 ground rent income per annum.

• Planning permission was granted on 19th August 2020 for 'The erection of two/four storey side extension and two storey rear extension to provide 8x apartments. Reconfiguration of parking forecourt to provide 4x additional spaces and relocation and enlargement of bin store.'

• Located 0.5 miles south of Kenley Railway Station.

• Offers are invited in excess of £1,000,000 for the freehold interest, subject to the existing long-leasehold tenancies and subject to contract.

Listed Features

  • Parking
  • Development
  • Residential Development
  • Outdoor Space
  • Storage
Target price
Target size
Chosen features
Property Marketed By
Stiles Harold Williams - Croydon Logo
Stiles Harold Williams - Croydon