This 1-bedroom flat in Croydon is a valuable investment opportunity, generating an annual gross income of £15,600 with a tenant currently in situ. The property is well-maintained and features a lounge, kitchen, and three-piece bathroom. With a purchase price and rental income that align, this property presents a worthwhile addition to an investor's portfolio. The current tenant is willing to stay on, allowing the new owner to potentially increase the rent to a market rate of £16,200, providing a higher return on investment.