Croydon CR0 2 bed ground floor flat for sale

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Croydon CR0 2 bed ground floor flat for sale

Croydon CR0
£230,000

Price History

Initial price £245,000
14/06/25 £230,000
Price Change -6.12%

Description

This spacious two-bedroom ground floor conversion flat is located in a popular residential area, within easy reach of the town centre and multiple train stations. The property boasts a private rear garden with side access, making it a rare find in the area. The accommodation includes two bedrooms, a hallway, reception room with doors to the garden, kitchen, and bathroom. The property is being sold vacant, and the sellers have confirmed a rental income of circa £1600pcm, which is an 8.3% yield at the guide price. The property is leasehold, with approximately 125 years remaining on the lease. The sale is being conducted by online auction, with registration open now and bidding opening on June 25th. A 10% deposit and buyers' administration fee of £1200 + VAT will be required upon the fall of the hammer. The purchaser will be legally bound to buy, and the vendor will be legally bound to sell, with a completion date of 28 days following the auction.