3 bedroom flat for sale

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3 bedroom flat for sale

Addington Road, South Croydon, Surrey, CR2
£224,000

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 well-kept and features spacious bedrooms, a modern kitchen, and a lounge with easy access to local amenities. Currently, it produces an annual gross income of £14,400, which could be increased to £16,800 with the right management. The property has a tenant already in situ, who has been consistently paying rent for several years and has no intention of moving out. With a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to generate rewarding rental returns.
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