Lower Addiscombe Road, Croydon, CR0
South East
£550,000
Listed on 28/10/2026
Listed on 28/10/2026
The listing
Property details
Bedrooms
N/AType
OfficeArea
1732 sqftDescription
A two-storey commercial office building with accommodation arranged across the ground and first floors. The existing layout includes a mix of open-plan and cellular office areas, with pedestrian access from Blackhorse Lane and separate vehicle and pedestrian access from Lower Addiscombe Road. The building is described as requiring modernisation. The agent states that they have not inspected the interior and that no internal photographs are available; the CGI and plans are illustrative.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
56out of 100
Grade DWeak opportunity
Confidence: LOW
At £550,000, the guide is about 27.7% below the local average per square foot, making the price a clear opportunity to acquire a well-located site. The two-storey office has access from two roads and scope for modernisation, but we have not been inside, so its current condition and the work involved remain unverified.
A previous permission for six flats has lapsed, so redevelopment is only a possibility to investigate and would require fresh planning consent. The low price is attractive, but the overall opportunity is still uncertain until the building and its potential are checked.
Key opportunities
- The guide price is substantially below the local average per square foot, offering an opportunity to acquire at a comparatively low entry price.
- Two floors of flexible commercial accommodation and access from both Lower Addiscombe Road and Blackhorse Lane provide scope to modernise the existing building.
- The lapsed permission for six flats gives a starting point for exploring redevelopment, subject to fresh planning checks and consent.
Key risks
None recorded.
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Transport
Nearest stations
Blackhorse Lane Tram Stop
0.2 miles
Tram · Woodside
Addiscombe Tram Stop
0.3 miles
Tram · Addiscombe
Woodside Tram Stop
0.3 miles
Tram · Woodside
Sandilands Tram Stop
0.7 miles
Tram · Addiscombe
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£2,247
Based on a loan of £412,500 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
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