A property developer has completed the purchase of the former Royal Mail delivery office in East Croydon.

The Hyde Group plans demolish the building in Addiscombe Road to make room to 201 flats across three blocks.

Royal Mail controversially shut down the depot in March 2014 and relocated to Factory Lane in Waddon.

Squatters later moved in to the building, before 2,000 people swarmed onto the site for an unlicensed rave that was broken up riot police in June last year.

Police are continuing to investigate the death of 15-year-old Rio Andrew, who fell ill at the rave and later died.

Croydon Council granted planning permission for development in January last year.

The new buildings will be between eight and 21 storeys and will have shops on the ground floor.

David Gannicott, Hyde’s Group director of business development said the project would "transform the area".

He added: "We are delighted to be at the heart of the regeneration of East Croydon and look forward to working in partnership with the London Borough of Croydon to help deliver their vision. 

"We are committed to providing an exemplar mixed use scheme of which residents can be proud."