Building work on a new 25-storey block of flats in Croydon has now finished and the council-owned developer is in the final stages of selling off the whole development to a mystery buyer.

Kindred House in Wandle Road is one of the final projects of Croydon Council’s controversial developer Brick by Brick.

Last summer it was believed the building would be ready to move in by Autumn 2022.

Construction work started back in 2019 and it was originally expected to be completed in 2021.

In November, a council report said the company was in conversations with companies looking to “bulk buy” Kindred House and the Lion Green Road development in Coulsdon.

The Kindred House tower in Croydon town centre is now in the final stages and a sale is expected to be completed in the coming weeks.

However, the details of the sale have not been revealed by the council.

A spokesperson for Croydon Council said: “Brick by Brick has exchanged on Kindred House and is working towards completing the sale in the coming weeks.”

The building overlooks the Croydon flyover and is built on the site of an old car park.

Of the 128 flats, 68 will be for private sale, 19 offered as affordable rent and 41 shared ownership.

Listings from early 2022, which are no longer available online, advertised a one-bedroom flat for £340,000 and a two-bedroom flat on offer for £560,000.

In 2022, a shop space on the ground floor was also advertised for £24,000 a year to rent and three large office spaces were on offer for £34,640 a year.

Brick by Brick was set up by Croydon Council in 2016 and the authority loaned the company more than £200 million since it was set up in 2016.

In March 2022 the company paid back £30 million to the council which covered interest and paid back £2 million of the loan.