Summary - London Road, CR0 2NU CR0 2NU
1 bed 1 bath Flat
Chain-free city flat with concierge and solid rental returns for investors.
Bright double bedroom with large windows and wide urban views
On-site concierge and secure entry phone system for added security
Communal garden and well-maintained development grounds
Advertised rental potential circa £1,500 pcm — strong gross yield
Leasehold: 108 years remaining; ground rent approx £400 (average)
Community mains-gas heating — check service charges and costs
ESW1 B1 cladding assessment completed (positive safety rating)
Area classified as deprived — impacts local profile and long-term demand
This bright one double-bedroom apartment sits in a modern private development on London Road, offered chain-free and ready for immediate rental or move-in. The open-plan living space and large windows deliver light-filled rooms and wide urban views, while an on-site concierge and secure entry phone system add everyday convenience.
For investors the numbers are straightforward: advertised rental potential of around £1,500 per month on a £150,000 asking price makes this a strong gross-yield prospect. The flat benefits from a recent ESW1 B1 cladding assessment, double glazing, fast broadband and excellent mobile signal, all attractive to professional tenants in this part of Croydon.
Practicalities to note: the property is leasehold with 108 years remaining and a ground rent of £400 (average). Heating runs via a community mains-gas scheme, so communal service charges are likely and should be checked. The wider area scores as more deprived, which can affect resale and demand in parts, although nearby schools and strong transport links support continued rental interest.
Overall this is a modern, low-maintenance flat with good tenant appeal, secure building features and communal gardens. It suits buy-to-let buyers seeking immediate income, or a first-time buyer wanting an easy-care city base with excellent transport and local amenities.
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