1 bedroom flat for sale

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1 bedroom flat for sale

Addiscombe Road, Croydon, CR0
£215,600

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 1-bedroom flat in Croydon is a valuable investment opportunity, currently generating an annual gross income of £15,600 with a tenant in situ. The property features one bedroom, a three-piece bathroom, lounge, and kitchen, and is well-maintained. With a purchase price, the new owner can increase the rental income to a market rate of £16,200, making it a worthwhile addition to an investment portfolio. The property is close to amenities and has a long-term tenant, providing a stable income stream. The seller is committed to a smooth transaction process, and further details on the property's investment potential can be found in the Let Property Pack.