0 bed Block of flats (for sale) 3 Fairfield Road, Croydon CR0

£14,500,000
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Langdon Brooks
209 Haydons Road, Wimbledon
020 8033 6824
First Published

6th Oct 2021

Last Published

7th Oct 2021

 

Features

  • Type: Block of flats
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Latitude is a collection of one and two bedroom apartments let on standard assured shorthold and corporate tenancies. The total space at circa 2000Sq metres with nearly 100% occupancy at a yield of circa 5-7%. All apartments are available with long leases. Available to buy as a unit are 4 one bedroom apartments and 24 two bedroom apartments. The previous three year accounts are available on request.

Located five minutes from Croydon with its many transport choices and only 15 minutes away from central London and Gatwick airport. Over one billion pounds has been committed by the Mayor to transform the economy and regenerate the town centre. Over 1600 Internet start ups are situated here together with Box Park explains the rapid growth of one and two bedroom apartments. Box Park has 2000 capacity of entertaining space. Famous musicians have performed in this venue. As well as music there is comedy, movie screenings and a market selling world cuisine.

 

Local info for CR0

Floor plan

 

Property Value Data/Graphs for CR0

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 58.4% £302,295 1.6 1
Terraced house 11.7% £427,880 3 1.1
Semi-detached house 9.2% £522,345 3.4 1.2
Maisonette 6.2% £270,710 1.8 0.8
End terrace house 4.8% £409,900 2.7 1
Detached house 3.9% £846,594 4.2 1.8
Studio 2.9% £218,889 0 0.8
Other 1.6% £411,692 2 1.1
Bungalow 0.4% £530,714 2.3 1.1
Land 0.2% £658,333 0 0
Link-detached house 0.1% £537,500 4 1.5
Mews house 0.1% £500,000 3 1
Detached bungalow 0.1% £675,000 4 1
Parking/garage 0.1% £29,995 0 0
Semi-detached bungalow 0.1% £475,000 3 0
Town house 0.1% £390,000 3 1
Cottage 0.1% £375,000 2 1

Area Information

Average Price Paid

£379,290

Sales

10907

Current Average Value

£363,642

Value Change

£15,648 4.3%

 

Current Asking Prices in CR0 Average: £363,642

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £254,091 (11) £376,152 (118) £461,371 (220) £606,827 (111) £748,999 (35)
Flats £245,034 (414) £324,765 (561) £451,515 (51) £401,250 (4) £270,000 (1)
All £245,268 (425) £333,695 (679) £459,516 (271) £599,676 (115) £735,693 (36)

Nearby Properties

12 bed Terraced house () Belgrave Square, Belgravia SW1 £122,500,000
14 bed Town house () Berkeley Square, Mayfair W1J £72,500,000
0 bed Block of flats () London, Kensington SW7 £65,000,000
0 bed () Gloucester Road, London SW7 £35,000,000
6 bed () Cadogan Square, Knightsbridge SW1X £35,000,000
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