This spacious first-floor studio conversion offers a great opportunity for a first-time buyer or investor. The property features a large open-plan studio room, which can be divided into two separate areas, a bathroom, and parking for one car. The studio is currently being renovated, with a new kitchen being installed, and has the potential to be fully modernized to achieve a rental income of around £900-950 per month. The property is located in a prime spot, just a short walk from Coulsdon Town Centre and two railway stations. With a 125-year lease, ground rent of £350, and service charges of £1,407.15 per annum, this studio conversion is an attractive option for those looking for a hassle-free investment or a convenient first home.