3 bed flat

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3 bed flat

Addington Road, South Croydon CR2
£233,000

Price History

Initial price £240,000
22/08/24 £236,000
07/09/24 £228,000
14/09/24 £224,000
21/09/24 £245,000
26/09/24 £241,000
02/10/24 £237,000
09/10/24 £233,000
16/10/24 £229,000
24/10/24 £225,000
30/10/24 £221,000
06/11/24 £245,000
12/11/24 £241,000
28/11/24 £233,000
03/12/24 £229,000
11/12/24 £225,000
18/12/24 £221,000
31/12/24 £245,000
08/01/25 £241,000
14/01/25 £237,000
29/01/25 £233,000
Price Change -2.92%

Description

This 3-bedroom flat in South Croydon is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features spacious bedrooms, a modern kitchen, and a lounge with easy access to local amenities. Currently, it generates an annual gross income of £14,400, which could be increased to £16,800 with long-term tenants already in place. The property has a tenant who has been living there for several years and has consistently paid rent, with no intention to move out. With a purchase price that will yield a worthwhile return, this is an attractive addition to any investment portfolio.