£110,000
(£485/sq. ft)
Studio for saleKidderminster Road, Croydon CR0
1 bath
1 reception
227 sq. ft
EPC Rating: D
- Leasehold
Jukes and Co
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About this property
Studio Flat
Long Lease
Great Investment Opportunity
Close to Transport Links
High Rental Yield
Being sold via Secure Sale online bidding
Immediate ‘exchange of contracts’ available
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £110,000
Located on Kidderminster Road, this studio presents an enticing opportunity for investment or as a first-time purchase, especially suitable for professionals or young couples. Boasting a lease with a substantial 116 years remaining, this property offers both security and potential for long-term growth. With a ground rent of £350 per annum and a service charge of £1850 per annum, the financial obligations are minimal, making it an attractive option for those seeking security in their investment.
Situated strategically for commuters, Kidderminster Road provides convenient access to both East and West Croydon stations, facilitating swift journeys into The City. Whether it's catching fast trains to Victoria via Clapham Junction from East Croydon or commuting to London Bridge from West Croydon, the transportation options are diverse and efficient. Furthermore, the locality benefits from an extensive network of local bus routes and a frequent tram service, ensuring accessibility is not limited to just the train lines.
Beyond its exceptional connectivity, the area surrounding Kidderminster Road offers a vibrant urban lifestyle. Croydon town centre, in close proximity, boasts a dynamic high street teeming with a variety of esteemed local amenities. From traditional butchers and greengrocers to florists and supermarkets, residents enjoy a diverse range of conveniences at their doorstep. This blend of urban accessibility and local charm makes Kidderminster Road a compelling destination for both investors and homeowners seeking a balanced lifestyle.
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More information
Tenure
Leasehold (116 years)
Service charge
£1,850 per year
Council tax band
A
Ground rent
£350
Ground rent date of next review