1 bedroom flat for sale

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1 bedroom flat for sale

Cameron Road, Croydon CR0
£158,000

Price History

Initial price £170,000
23/08/24 £167,000
28/08/24 £164,000
07/09/24 £161,000
12/09/24 £158,000
Price Change -7.06%

Description

This 1-bedroom flat in Croydon is a valuable investment opportunity, offering a reliable and long-term rental return. 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 has the potential to increase to £14,484 with new tenants. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out. With its attractive rental yield and long-term tenants, this property is an excellent addition to any investor's portfolio.