Addiscombe Road, Croydon CR0 1 bed flat for sale

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Addiscombe Road, Croydon CR0 1 bed flat for sale

Addiscombe Road, Croydon CR0
£220,000

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 1-bedroom flat in Croydon is a valuable investment opportunity, currently generating an annual gross income of £15,600 and offering potential for increase to £16,200 with long-term tenants already in place. The property is well-maintained and features a bedroom, three-piece bathroom, lounge, and kitchen. With a competitive purchase price, it presents a worthwhile addition to an investor's portfolio, offering a rewarding rental return. The current tenant is already situated, making it a hassle-free investment option for buyers.