1 bedroom flat for sale

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1 bedroom flat for sale

Addiscombe Road, Croydon, CR0
£214,000

Price History

Initial price £230,000
29/09/24 £200,000
04/10/24 £196,000
10/10/24 £193,000
16/10/24 £180,000
24/10/24 £230,000
30/10/24 £226,000
06/11/24 £222,000
14/11/24 £218,000
20/11/24 £214,000
Price Change -6.96%

Description

This 1-bedroom flat in Croydon is a lucrative investment opportunity, generating an annual gross income of £15,600 and offering potential for growth to £16,200 with long-term tenants already in place. The property is well-maintained and features a lounge, kitchen, and three-piece bathroom. With its proximity to amenities and the potential for increased rental returns, this property presents a worthwhile addition to an investor's portfolio. The current tenant is situated, making for a hassle-free transition for the new owner.