3 bedroom flat for sale

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3 bedroom flat for sale

Addington Road, South Croydon, Surrey, CR2
£245,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 3-bedroom flat in South Croydon offers a fantastic investment opportunity for those looking to expand their portfolio. The property is already generating a steady annual gross income of £14,400 and has a tenant currently in situ, with the potential to increase the rent to a market rate of £16,800. The flat is well-maintained and features three spacious bedrooms, a modern kitchen, and a lounge with easy access to local amenities. The current tenants have been paying rent consistently for several years and have no plans to move out, making this a stable and lucrative investment opportunity. With a purchase price that offers a worthwhile return, this property is an excellent addition to any portfolio.
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