Ledbury Road, Croydon CR0

This detached freehold block comprises five self-contained flats, generating an impressive rental income of around £80,000 annually. Each unit offers potential for modernization and improvement to maximize returns. The property is set on a generous plot with a large driveway accommodating multiple vehicles and small private gardens for the ground-floor units. Notably, there is additional land at the rear, presenting opportunities for future development (subject to obtaining the necessary planning permissions). Whether you are an investor seeking a fully tenanted asset or looking to occupy one of the flats and enhance value through renovations, this property presents considerable promise. Its location boasts strong rental demand, making it an appealing venture for buy-to-let investors and developers alike.