**Standout Features:**
- Excellent buy-to-let investment with long-term tenant
- Spacious 1-bedroom flat in a mid-20th century brick building
- Modern kitchen and bathroom with tub
- Current annual gross income of £11,400, potential to increase to £14,484
- Convenient access to local amenities and transport
- Ideal for serious investors or developers
This spacious 1-bedroom flat in Croydon presents a golden opportunity for discerning investors seeking rental income. Currently producing an annual gross income of £11,400, there is potential for this to rise to £14,484, adding significant value to your property portfolio. The apartment features a sizeable lounge, a modern kitchen, and a well-maintained bathroom, appealing to families and young professionals alike.
Located just a stone's throw from essential amenities such as schools, cafes, and transport links, the flat ensures convenience for tenants. While the area boasts high crime rates and is classified as deprived, the reliable current tenants are stable and express intentions to stay, providing peace of mind for potential buyers. With its promising rental yields and low entry price of £130,000, this property is an attractive investment that won’t last long on the market. Don’t miss your chance to secure this property and tap into its future potential!
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