1 bed barn conversion

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1 bed barn conversion

Renown Close, Croydon CR0
£140,000

Our Summary

  • Please do not contact us unless you are A cash buyer
  • Potential to convert

Description

This property is being sold quickly, with a requirement for a cash buyer and an exchange deadline of 14 days. The property currently has one bedroom, but there is potential to convert it into a two-bedroom home. With an estimated rental return of over 9%, this could be a lucrative investment opportunity. The property has an 88-year lease remaining, with a service charge of £1450 per year and a peppercorn ground rent. Heating and hot water are included in the service charge, making this a bargain deal for a savvy buyer.