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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 - Image 6
42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 7
42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 8
42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 9
42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 10
42 Thornton Road, Croydon, Surrey, united kingdom, cr7 6ba - Image 11

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

South East

£470,000
Listed on 11/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This two-storey commercial building, located on the bustling Thornton Road in Croydon, presents a noteworthy opportunity for investors and developers alike. With its high visibility and accessible position within the London Borough of Croydon, this property is well-suited for various commercial ventures or potential redevelopment. Currently operating as an owner-run car audio center, the premises spans approximately 1,050 square feet and boasts a converted loft space. The inclusion of a rear yard and a detached workshop that can serve as a double garage enhances its functionality. One of the key features of this property is the vacant possession, allowing new owners to explore immediate operational opportunities or creative redevelopment plans (subject to planning permission). Positioned strategically along a busy thoroughfare, the location benefits from significant foot traffic and accessibility, making it an appealing choice for businesses looking to capitalize on local demand. Additionally, with proper renovations and updates, there is substantial potential to increase the property's value and appeal in a competitive market. The freehold title offers long-term security for ownership while maintaining flexibility for future modifications. As it stands, the property holds a rateable value of £6,900 as recorded on April 1, 2023. Given its current use, advantageous location, and renovation possibilities, this property represents an attractive investment opportunity for those seeking to expand their portfolio in an area poised for growth. Interested parties are encouraged to arrange viewings by appointment to fully appreciate what this unique offering has to provide.

Investment Analysis

(CR7 area)
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 0.8%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on CR7 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

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

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,722
Based on a loan of £352,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE