St. Peters Road, Croydon, CR0

This freehold block consisting of four flats presents a compelling investment opportunity, complete with private parking for each unit. Currently generating a total rental income of £5,125 per month, the property features three one-bedroom apartments and one spacious three-bedroom apartment, which collectively offer strong potential for both immediate cash flow and future enhancements. Notably, Flat A has secured planning permission for conversion from a one-bedroom to a two-bedroom layout, allowing for increased rental yield. Each flat is offered with full vacant possession, paving the way for adaptable strategies—whether you choose to renovate and increase value or simply maintain as rental units. The layout includes versatile living spaces across multiple levels, enhancing the potential for redesign. Set in a sought-after location close to Central Croydon and excellent transport links to London, this property is worth considering for those looking at long-term investment or development prospects in the South East.