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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 15/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

Situated in the northern section of central Croydon, this property spans three adjoining freehold plots totaling approximately 0.47 acres. The main site at 68 Windmill Road features a substantial three-story building with historical warehouse characteristics, currently utilized as a children's nursery and a place of worship. This property boasts an impressive ground floor with high eaves, presenting ample possibilities for creative renovations or alternative uses to maximize its investment potential. Additionally, the site includes telecom masts that could represent further opportunities for income generation. 64/66 Windmill Road hosts a single-story office/workshop building, offering about 2,900 sq ft of versatile space that could be reimagined to suit modern commercial needs or converted to residential units, subject to planning permissions. Furthermore, a strip of land to the rear enhances the overall appeal and utility of the entire parcel. With East Croydon Station just a 15-minute walk away and proximity to local amenities like Tesco Express and recreational areas, this location has significant redevelopment prospects for investors looking to capitalize on the vibrant community surrounding Windmill Road.

Investment Analysis

(CR0 area)
Area Average
£446/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
120
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +2.9%
5 year growth: +7.3%
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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£
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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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