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Windmill Road, Croydon, Surrey, CR0 - Image 1
Windmill Road, Croydon, Surrey, CR0 - Image 2

Windmill Road, Croydon, Surrey, CR0

South East

£2,000,000
Listed on 21/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This attractive property package located in the Croydon area consists of three adjacent freehold plots totaling approximately 0.47 acres. The centerpiece is a three-storey building at 68 Windmill Road, previously utilized as a warehouse, offering substantial space of around 11,361 sq ft. Currently, it accommodates a children's nursery and a place of worship, providing immediate rental income opportunities. Its high eaves height suggests potential for conversion into residential units or commercial spaces, making it an appealing investment for developers. Additionally, the adjacent single-storey office/workshop building at 64/66 Windmill Road covers about 2,900 sq ft and could benefit from modernization to attract new tenants or create additional workspace. The site also includes an undeveloped strip of land that could enhance the overall appeal and utility of the site.

Investment Analysis

(CR0 area)
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
125
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +2.4%
5 year growth: +5.7%
Investment Disclaimer: Analysis based on CR0 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Windmill Road, Croydon, Surrey, CR0
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£7,213
Based on a loan of £1,500,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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