3 bedroom flat for sale

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3 bedroom flat for sale

Addington Road, South Croydon, Surrey, CR2
£237,000

Price History

Initial price £240,000
22/08/24 £236,000
29/08/24 £232,000
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
13/11/24 £241,000
20/11/24 £237,000
Price Change -1.25%

Description

This 3-bedroom flat in South Croydon offers a fantastic investment opportunity, with a tenant currently in situ and generating an annual gross income of £14,400. The property, which is close to local amenities, features modern kitchen, spacious lounge, and three bedrooms. With the potential to increase the rent to a market rate of £16,800, this property has the potential to be a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have a good payment history and intend to remain in the property, making for a smooth transition for the new owner.