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

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
31/01/25 £155,000
01/03/25 £152,000
13/03/25 £149,000
20/03/25 £147,000
27/03/25 £145,000
04/04/25 £143,000
11/04/25 £141,000
18/04/25 £155,000
25/04/25 £152,000
01/05/25 £150,000
18/07/25 £145,000
24/07/25 £139,000
Price Change -18.24%

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.