Cameron Road, Croydon CR0 1 bed flat for sale

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Cameron Road, Croydon CR0 1 bed flat for sale

Cameron Road, Croydon, CR0
£130,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This spacious and well-maintained 1-bedroom flat in Croydon offers a reliable investment opportunity for investors seeking long-term returns. The property features a large room, lounge, bathroom with tub, and modern kitchen, and is currently generating an annual gross income of £11,400. With the potential to increase the rent to a market rate of £14,484, this property has the potential to be a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, making for a smooth transition for the new owner.