Initial price	£290,000
05/03/24	£275,000
Price Change	-5.17%

This 2-bedroom apartment offers a great opportunity to acquire a well-maintained property in the heart of Sanderstead, with easy access to local amenities, including parks, grocery stores, and cafes. The flat is currently let under an Assured Shorthold Tenancy agreement, generating an annual gross income of £21,000, with an attractive 7.2% yield on investment. The property is leasehold, with a 90-year lease, and the ground rent is £300 per year. The service charge is £0 per year, reviewed every 0 years, and the leaseholder is responsible for 25% of the insurance premium.