3 bedroom flat for sale

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3 bedroom flat for sale

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.