Summary - 126 Nicholson Road, Croydon CR0 6QT
1 bed 1 bath Flat
**Standout Features:**
- One double bedroom in a sought-after location
- Own garage and access to communal garden
- Spacious living/dining room and kitchen
- Chain-free sale
- Close to East Croydon Station
- Service charge: £100/month; Ground rent: £150/year
- 56 years remaining on the lease (extension upon purchase)
**Potential Concerns:**
- Lease length may pose challenges for mortgage lenders
- Property requires modernization and updating
- Higher-than-average crime rate in the area
Discover the potential in this spacious one-bedroom apartment, ideally located just minutes from East Croydon Station. With its generous living and dining spaces, this property offers the perfect blank canvas for first-time buyers or investors looking to customize it to their taste. Benefit from your own garage and the added luxury of a communal garden, creating a serene outdoor space to unwind in.
While the property boasts significant charm with its Victorian architecture, it does need modern updates, which presents an excellent opportunity for those inclined to put their stamp on it. Be aware that the lease, with only 56 years remaining, may restrict financing options, though an extension is promised upon purchase, alleviating some concerns.
Families will appreciate the access to highly-rated primary and secondary schools nearby, enhancing the property’s appeal. This apartment is competitively priced at £218,000, and its chain-free status means a swift transaction. Don't miss this opportunity to secure a desirable home in a thriving community!
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