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3 bed terraced house
Pemdevon Road, Croydon CR0
£425,000
Pemdevon Road, Croydon CR0
£425,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- Investment potential detailed below (Let Property Pack)
Description
This 3-bedroom terrace house in Croydon is an excellent investment opportunity for those looking to expand their portfolio. The property is close to amenities, has a tenant already in place, and generates a rewarding annual gross income of £22,800. The current tenants have been long-term residents, paying rent consistently, and have no plans to move out. The property's potential rental income, combined with its purchase price, makes it a worthwhile addition to any investor's portfolio. With a well-kept home featuring three bedrooms, a bathroom, lounge, kitchen, and rear garden space, this property offers a great balance of rental returns and potential for future growth.