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3 bedroom flat for sale
Saffron Central Square, Croydon, CR0
£465,000
Saffron Central Square, Croydon, CR0
£465,000
Price History
Initial price | £500,000 |
20/09/24 | £495,000 |
27/09/24 | £490,000 |
03/10/24 | £485,000 |
10/10/24 | £480,000 |
17/10/24 | £475,000 |
24/10/24 | £470,000 |
31/10/24 | £465,000 |
07/11/24 | £460,000 |
13/11/24 | £455,000 |
20/11/24 | £450,000 |
27/11/24 | £500,000 |
04/12/24 | £495,000 |
11/12/24 | £490,000 |
19/12/24 | £485,000 |
31/12/24 | £480,000 |
08/01/25 | £475,000 |
17/01/25 | £470,000 |
30/01/25 | £465,000 |
Price Change | -7.00% |
Description
This 3-bedroom flat in Croydon offers a lucrative investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £26,400, with the potential to increase this to £30,060 with long-term tenants already in situ. The well-maintained home features a spacious lounge, modern kitchen, and three bedrooms, making it an attractive option for investors. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable and secure investment. With its proximity to valuable amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.