502 London Road, Thornton Heath, London CR7
Key Features
- Freehold for sale
- Prominent corner position
- Fully let
- Unbroken block
- Ground floor commercial
- 2 x one bedroom flats
- Currently producing £52,800
Description
Unbroken mixed use freehold for sale comprising ground floor retail with two one bedroom flats Potential for extension and conversion STP. - Fully let.
Description - A prominent three-storey mixed-use freehold positioned on London Road, close to Croydon University Hospital. The property comprises a ground-floor retail unit with rear vehicular access and garage/store accommodation, together with two self-contained one-bedroom flats above.
The retail accommodation extends to approximately 92.82 sq m (999 sq ft). The upper parts comprise two one-bedroom flats of approximately 45.64 sq m (491 sq ft) and 46.78
sq m (504 sq ft), respectively, plus a communal stairwell.
Location - Situated on the prominent London Road (A23) in Thornton Heath, 502 London Road benefits from a highly visible and well-connected South London position. The A23 provides a direct arterial route between Central London, Streatham, Norbury, Thornton Heath and Croydon, making the location convenient for customers, staff and service providers travelling from across the wider area.
Thornton Heath town centre, with its mix of independent retailers, national operators, cafés, banks and everyday services, is within easy reach. Croydon town centre and Croydon University Hospital are also readily accessible, supporting a substantial surrounding residential and commercial catchment.
Thornton Heath railway station is nearby and is served by regular rail services towards London Victoria, London Bridge, Clapham Junction, East Croydon and Sutton. Local bus services provide further connections across Croydon and South London, including routes 50, 198, 250, 450, 663 and N250.
Tenancy Schedule & Income - Ground floor: Leased from 30 Jan 2024 – 29 Jan 2029 with a passing rent of £24,000 pa
Flat A: Let on a single APT at £1,200 pcm
Flat B: Let on a single APT at £1,200 pcm
Total combined £52,800 pa
Terms - Guide Price £575,000
Portfolio - This unit forms part of a portfolio disposal that is available as individual lots or as one - The brochure will show all available units (Industrial & retail)
Viewing - Contact sole agents Christopher St James
Map Location
Property details
- Tenure
- Freehold
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-08-22
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Parking Available
- Garden
- Ask Agent
Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.
Connectivity
Broadband
Fastest speed available at this postcode
1.8 Gbps
Gigabit full fibre
Suitable for
- 4K streaming on every screen
- Full-time home working
- Online gaming & big downloads
Mobile signal
Outdoor predictions; indoor signal depends on building materials.
Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.
Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.
Nearest Schools
Primary
- Elmwood Junior School414 metresNo Ofsted rating
- Ages
- 7 to 11
- Pupils
- 464
- Type
- Community school
- Elmwood Infant School414 metresNo Ofsted rating
- Ages
- 3 to 7
- Pupils
- 357
- Type
- Community school
- Chestnut Park Primary School604 metresNo Ofsted rating
- Ages
- 4 to 11
- Pupils
- 608
- Type
- Academy sponsor led
- West Thornton Primary School753 metresOfsted: Good *
- Ages
- 4 to 11
- Pupils
- 847
- Type
- Academy sponsor led
- Ecclesbourne Primary School759 metresOfsted: Good
- Ages
- 3 to 11
- Pupils
- 417
- Type
- Academy converter
Secondary
- Harris Invictus Academy Croydon977 metresNo Ofsted rating
- Ages
- 11 to 18
- Pupils
- 963
- Type
- Free schools
- St Mary's Catholic High School0.8 milesOfsted report card · Jan 2026
- Ages
- 11 to 19
- Pupils
- 565
- Type
- Voluntary aided school
- Faith
- Roman Catholic
- The Archbishop Lanfranc Academy0.9 milesOfsted: Good *
- Ages
- 11 to 16
- Pupils
- 758
- Type
- Academy sponsor led
- Ark Blake Academy1.3 milesOfsted: Good
- Ages
- 11 to 18
- Pupils
- 759
- Type
- Free schools
- Harris Academy Merton1.4 milesOfsted: Outstanding
- Ages
- 11 to 18
- Pupils
- 1,371
- Type
- Academy sponsor led
* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.
Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.
Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.
Amenities
Supermarket
GP surgery
Pharmacy
Hospital
Green space
Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.
The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.
Getting Around
Nearest station
Nearest bus stop
Typical drive times
Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.
Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.
Flood Risk
From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.
Rivers and the sea
Surface water
The detail behind these bandings
The full report pinpoints where this location sits on the flood maps, and runs the deeper checks that usually only surface after an offer.
- Exact flood zones & annual chances (included in the full report)
- Any recorded past flooding (included in the full report)
- Planning activity nearby (included in the full report)
- Heritage & conservation (included in the full report)
- Protected nature designations (included in the full report)
- Ground risks (included in the full report)
- Sold prices nearby (included in the full report)
£14.99 · one-off purchase
By LandSale, the platform. Not provided by the listing agent. Ready in about a minute.
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LandSale full disclaimer
Marketing information only - not formal particulars. The details on this website are provided for general guidance and do not constitute an offer or contract. Neither LandSale nor the advertising estate/land agent accepts responsibility for any inaccuracy.
1. Source of information
- Listing content: Core description, asking price, tenure, measurements, photographs and planning history originate from the marketing materials of the advertising estate or land agent. LandSale does not author this content and cannot guarantee its accuracy.
- Automated tags & categorisation: Property type, land-use class, acreage bands and similar labels may be applied by machine-learning models. They are intended as a helpful guide only and may not reflect the property's legal status or permitted use.
- Third-party & enriched data layers: Maps, boundary outlines, planning designations, soil reports, broadband coverage and other environmental or location-based insights are licensed from external suppliers. Such data are supplied “as is", may be incomplete or out of date and are subject to change without notice.
2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
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LandSale gives no warranty, express or implied, as to the accuracy, completeness or fitness for any particular purpose of the information displayed. LandSale shall not be liable for any loss, damage, cost or expense arising directly or indirectly from any use of or reliance on such information, save where liability may not be excluded by law.
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© LandSale | Version 1.3 - August 2026
Listing agent
Christopher St James, Colliers Wood
61 High Street Colliers Wood, London, SW19 2JF
Contact Christopher St James, Colliers Wood
61 High Street Colliers Wood, London, SW19 2JF
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