St. Peters Road, Croydon, CR0

This freehold block encompasses four flats, each with allocated parking and the potential for significant enhancement. Generating a current rental income of £5,125 per month (£61,500 annually), this investment opportunity is ideal for those looking to maximize returns. The properties consist of three one-bedroom units and one sizable three-bedroom apartment, all offered with full vacant possession. Notably, Flat A has planning permission in place for conversion into a two-bedroom unit, making it particularly appealing for further value enhancement. With various layouts across the four flats, there’s ample scope for renovation ideas that could boost rental yields or market value. Situated in a desirable location close to transport links and local amenities, this block indeed offers an excellent platform for savvy investors or developers aiming to make their mark in the property market.