House For Sale Addiscombe Road, Croydon, CR0

£925,000

Auction Property
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 3rd May 2024

Description

*For sale via secure sale online bidding: terms and conditions apply.*\r
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We are pleased to offer to auction Brickwood, Croydon, a spacious property offering a range of possibilities for developers and investors. With over 2,600 square feet, this home provides ample space for development and lucrative investment opportunities.\r
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This property presents exciting development opportunities, subject to planning permission. It could be converted into a single dwelling for those seeking a spacious family home. Alternatively, it has the potential for commercial to residential conversion, catering to the growing demand for residential properties. There is also the possibility of transforming it into a number of flats, making it an attractive investment opportunity for developers. Furthermore, it could be utilized as office space or serve as a day nursery or medical establishment, catering to the needs of different businesses and professionals.\r
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Don't miss the chance to explore the potential of Brickwood, Croydon and capitalize on the numerous development and investment opportunities it offers.\r
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Please note we have not inspected this property.
Agent Details
Pattinsons
Mercantile House Silverlink, Wallsend, NE28 9NY

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested