Summary - 11 RIGBY CLOSE CROYDON CR0 4JU
3 bed 1 bath Apartment
Vacant 3-bed flat with long lease, strong rental demand and commuter links — auction sale.
Vacant 3-bedroom apartment with long 121-year lease
Sold at online auction; unconditional sale and buyer’s premium applies
Strong rental demand and commuter links to East Croydon and Waddon
Compact rooms and mid-century finishes — refurbishment required
Single bathroom; small overall size (689 sq ft)
Service charge approx. £1,500pa; ground rent £250pa
Area classified as deprived with above-average crime levels
Fast broadband and excellent mobile signal, garden available
A vacant 3-bedroom first-floor apartment with a long 121-year lease, offered for sale by online auction. Located 0.5 miles from Waddon station and 1.2 miles from East Croydon, it appeals to buyers seeking commuter convenience and immediate rental potential. Broadband and mobile signal are strong, and nearby parks and reputable schools add local appeal.
The flat is a clear refurbishment opportunity: compact rooms, a single bathroom and mid-century finishes mean value can be added through updating. The property is sold vacant, enabling quick re-letting or resale after refurbishment. The area shows strong rental demand and potential for a competitive yield at the guide price.
Buyers should note material considerations: the neighbourhood is classified as deprived with above-average crime rates, there is a service charge of around £1,500pa and ground rent of £250pa, and the lot is sold at auction under unconditional terms with a buyer’s premium and 28-day completion. The apartment’s small overall size and single bathroom will limit some buyer types but suit investors or developers seeking a value-add project.
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