Track all marketing and execution activity for this property in the clicktopurchase Blockchain – only available at the Singer Vielle Network.

View the Blockchain Explorer

Q: Why is this so important?

A: The ultimate in trust, accountability and transparency from the commencement of marketing to conclusion of a sale.

The London Borough of Croydon is the southernmost borough of London and the second largest by population. It is ideally located approximately 19 km (12 miles) south of central London and benefits from exceptional transportation links. It is considered to be one of the most exciting areas in south London and is widely considered a growth “hotspot”, supported by high levels of buyer demand seeking housing at a price attractive to owner occupiers, investors and first-time buyers.

Croydon benefits from excellent road communications located within 8 miles (13km) of Junction 7 of the M25 motorway. Various “A” roads such as the A23 and A232 connect Croydon with the M25 which links with the M23, M26 and the M20.

The Borough also enjoys great connectivity to the rail network with access to London and the south coast destinations via two main railway stations, East Croydon and West Croydon, both within walking distance of the subject property. They provide regular services to London Victoria (16 minutes), London Bridge (14 minutes), Clapham Junction (9 minutes) and Gatwick Airport (14 minutes). East Croydon Station has seen a 10% increase in passenger numbers over the last four years with some 25,000,000 passengers using the station in 2019/2020. (Source: https://dataportal.orr.gov.uk)

The Croydon tram link also offers shoppers living in neighbouring conurbations fast access to the town centre. The 28km (17 mile) track links central Croydon with Wimbledon to the northwest, Beckenham junction, Birkbeck and Elmers End to the east and New Addington to the south east. George Street Tram Stop is situated some 120 metres (130 yards) to the west of the subject property and provides services to the New Addington Loop and the Wimbledon to Beckenham Junction Line.

The two largest international airports in the UK are easily accessible from Croydon. London Gatwick Airport is located some 29 km (18 miles) to the South and London Heathrow Airport is located approximately 40 km (25 miles) to the North West.

Croydon town centre is a major hub of activity for shoppers, workers and visitors. Croydon is a growth borough, and the town centre is covered by the opportunity area. With an ambitious £5.25 billion regeneration programme, the exciting transformation of the town centre is underway. About a third of the new homes identified in the local plan are expected to be built in the town centre and the development of the 288-metre tall One Lansdowne and the Fairfield Masterplan is set to make Croydon an exciting destination. (Source: www.croydon.gov.uk)

The Queen’s Square development site is situated immediately to the south of the property and is due to provide a multi-phased scheme totalling six residential buildings, one of the biggest regeneration projects in South London. The first building to be released to the market is Highgrove Tower which faces on to Park Lane. It will provide Studio, One, Two and Three-bedroom apartments with far-reaching views over the city, a concierge service, residents’ lounge, gym studio and roof gardens. The development is being constructed by R&F Properties, a leading international property developer and the largest hotel owner in China. (Source: www.queens-sq.com)

The property has been measured by BKR Floor Plans and provides the following Net Internal floor areas:

A set of floor plans is available to download and the measured survey report will be re-addressed to a purchaser at a cost of £620 + VAT.

Yorkshire Building Society has reported the following figures;

For the full financial results see www.ybs.co.uk/w/media-centre/financial-results/2022-annual-results

Established in 1864, Yorkshire Building Society is one of the largest building societies in the UK. The society also owns Chelsea Building Society, Norwich and Peterborough Building Society, Accord Mortgages and Egg.

Owned by its members, they currently employ approximately 2,300 staff from throughout the UK with total assets of £59bn. Yorkshire Building Society is committed to building an environmentally and financially sustainable future for its members, colleagues and communities and the UK. As a mutual organisation owned by its members and not shareholders, Yorkshire Building Society can reinvest profits to deliver its social purpose. (Source: www.ybs.co.uk)

We are instructed to seek offers in the region of £1,050,000 (One Million and Fifty Thousand Pounds), subject to contract, reflecting a net initial yield of 9%, assuming standard purchaser’s costs of 5.8%.

Please note that a purchaser will be re-charged the costs of the measured survey (£620.00) and searches (£878) which are provided in the data room.

Please note that a purchaser will be charged a Transaction Fee of £5,000 plus VAT.