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

South East

£2,000,000
Listed on 21/08/2025

Property Details

Bedrooms
N/A
Type
Mixed Use

Description

Situated to the north of Croydon's bustling central area, this property offers a prime opportunity for investment and renovation. Stretching across three freehold plots totaling approximately 0.47 acres, the site has significant potential for development or repurposing. The main building at 68 Windmill Road features a three-storey structure with a generous floor area of around 11,361 sq ft, which previously served as a warehouse and is now occupied by a children's nursery and a place of worship, making it an ideal candidate for conversion into residential units or commercial spaces (subject to planning). The adjacent plot at 64/66 Windmill Road includes a single-storey office/workshop covering approximately 2,900 sq ft that may benefit from modernization or redevelopment. Additionally, there is a small strip of land available at the rear which could enhance the overall utility of the site. With good transport links via East Croydon Station just a 15-minute walk away and local amenities readily accessible along Windmill Road, this property presents an attractive renovation prospect in an emerging area.

Investment Analysis

(CR0 area)
Area Average
£442/sq ft
Avg Rent (weekly)
£375
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
113
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR0)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +1.7%
5 year growth: +2.5%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£7,135
Based on a loan of £1,500,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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