Grade II-listed educational property comes to market
Property consultancy, Knight Frank, has been appointed by PACT Educational Trust to bring the former Oakwood School in Croydon to market.
This rare educational opportunity, steeped in history, is on the market with a guide price of £6m.
The property, located in Coombe Road in the London Borough of Croydon, sits approximately 10 miles south of central London.
It comprises a substantial freehold site of 4.6 acres, featuring approximately 26,630sq ft of existing floor space.
In addition, the school benefits from a license agreement with the London Borough of Croydon for use of an adjacent six acres of sports pitches.
At the heart of the property stands Coombe House, a Grade II-listed building dating back to 1761.
This historic structure, along with more-recent additions, offers potential for refurbishment or redevelopment, subject to necessary permissions.
The sale also includes several other educational buildings and extensive outdoor space, as well as an 18th-century Ice House within its grounds.
The site boasts a fascinating history, having served various purposes since its construction in the 18th Century.
The site’s most-recent use was as an independent school educating pupils aged 3-11, but its versatile nature opens up a range of possibilities for future educational or alternative uses.
Originally built as a residential home, it has been a convalescent home for army officers, the country’s first school for children with cerebral palsy, and a residential care home.
Most recently, it has housed independent schools, including The Cedars School and Oakwood School.
Jasper Upton, associate in education and charities at Knight Frank, said: “This sale represents a rare opportunity to acquire a substantial freehold property with a rich educational heritage and significant development potential in a sought-after London location.
“Its expansive grounds and additional sports facilities makes this an exceptionally-versatile asset.
“And its location offers excellent connectivity to central London while providing a spacious, green environment adjacent to 114 acres of parkland – a rare balance that that is increasingly hard to find in today’s market.”
Adrian Forastier, trustee of PACT Education, added: “Although it is with mixed feelings that we offer this treasured site for sale, our changing needs have made it clear that now is the right time for new perspectives.
“We hope that the new owner will respect the rich educational history of the property and continue its use as a learning institution. “Nonetheless, we recognise the site’s vast potential for other uses and remain open to possibilities.”