Cameron Road, Croydon CR0 1 bed flat for sale

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Cameron Road, Croydon CR0 1 bed flat for sale

Cameron Road, Croydon CR0
£139,000

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)

Description

This 1-bedroom flat in Croydon offers a lucrative investment opportunity for investors seeking a reliable, long-term investment. The property is well-maintained and features a spacious room, lounge, bathroom with tub, and modern kitchen. Currently, it generates an annual gross income of £11,400, which could be increased to £14,484 with long-term tenants already in place. The property's purchase price and rental income make it a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intentions to move out, ensuring a smooth transition for the new owner.