Investment opportunity to purchase a long-standing tenanted 2-bed house generating £11,400 rent per annum
£330,000
Semi-Detached House
VES-CR2-135
INITIAL INVESTMENT
£94,900
Based on
deposit: £82,500
stamp duty: £9,900
mortgage fees: £1,500
conveyancing fees: £1,000
GROSS RENT
£11,400
GROSS YIELD
3.5%
The property
TENANCY
Tenanted
TENURE
Freehold
2 bedrooms
1 bathroom
1 reception room
649
Unfurnished
Tenancy
RENT
£11,400 p.a. / £950 pcm
TENANCY DEPOSIT
£0
TENANCY TYPE
AST
TENANCY AGREEMENT STARTED
over 3 years ago
TENANCY AGREEMENT ENDS
Periodic
Floorplans
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
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About South Croydon, SE London
South Croydon is an area in south London, in the London Borough of Croydon located 10.8 miles south of Victoria.
It is serviced by South Croydon Station which runs on the Brighton Main Line and is managed by Southern. Southern operates 4 trains per hour to London Bridge, 2 of these services are fast trains and only stop at East Croydon before going to London Bridge. There are four trains per hour to Caterham in the other direction, 2 of these terminate at Coulsdon town other than in peak time.
As this property is in the capital, all of one’s retail and dining requirements are only a short trip away via train which shall drop you in the centre of town. In the City of London and surrounding areas there are thousands of job opportunities and there are more than numerous adequate travel options to get you there.
This property could be perfect for families looking for local schooling options in walking distance, with Harris Primary Academy Haling Park and Elmhurst School which offers mixed sex education to the age of 11 at the forefront.
Saint Peter's Street,
South Croydon,
Greater London,
England,
CR2 7DJ
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Important Note
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Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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