This unique freehold property presents an enticing prospect for investors, featuring a ground floor retail space alongside a self-contained first-floor apartment. Previously utilized as a newsagent, the ground floor boasts a prominent retail unit with generous visibility on bustling London Road, complemented by a spacious rear storage room and an additional bathroom. There is also a sizeable room equipped with roller shutters that offers versatile usage options.
The first floor, accessible via internal stairs, consists of two well-proportioned bedrooms and a comfortable lounge area, along with a separate WC. This layout provides a solid foundation for potential reconfiguration to optimize rental income or enhance living space.
Significant redevelopment opportunities exist here; with the possibility of extending the property either single or double-storey at the rear (subject to planning permission). The strategic location on London Road ensures high foot traffic, further amplifying investment potential. With Croydon University Hospital nearby and surrounded by various local shops and amenities, this property is perfectly positioned for growth in an active community enriched with excellent transport links.