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42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 1
42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 2
42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 3
42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 4
42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 5

42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba

South East

£470,000
Listed on 03/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This two-storey commercial building, situated prominently along Thornton Road, presents a unique opportunity in the London Borough of Croydon. Currently operating as a car audio centre, this property encompasses approximately 1,050 square feet of usable space. The design includes a converted loft, which adds to its functional potential. In addition to the main building, you will find a rear yard and a detached workshop that doubles as a garage. These outdoor spaces not only enhance the functionality of the property but also offer possibilities for expansion or additional storage solutions. With vacant possession available, this site is ripe for various avenues of use. Investors may consider maintaining its current commercial function or exploring partial redevelopment (subject to planning permission). Its location on a busy thoroughfare ensures visibility and accessibility—key factors for any successful business venture. This property’s combination of existing structures and land offers significant renovation and investment potential in an area with growing demand. Overall, it serves as an attractive prospect for those looking to capitalize on Croydon’s evolving landscape.

Investment Analysis

(CR7 area)
Area Average
£429/sq ft
Avg Rent (weekly)
£377
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£47,000 - £117,500
10-25% of property value
Monthly Sales
17
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 2.2%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on CR7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba
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