£185,000
1 bed flat for salePark Lane, Croydon CR0
1 bed
1 bath
- Leasehold
Alesco Investment Properties
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About this property
This investment apartment in Croydon presents an excellent opportunity for those seeking strong returns, with an expected yield of 9%. The apartment is well-maintained, making it an ideal choice for renters, with a modern and functional interior that requires minimal upkeep. It's perfect for tenants looking for comfort and convenience.
Key Features:
-9% expected rental yield
-Well-maintained, modern interior
-Growing, developing area
-Excellent transport links to London
-Proximity to shops and amenities
-High tenant demand and growth
Croydon is a dynamic and fast-developing area, making it an attractive location for investors. Known for its growing property market, it offers long-term value appreciation potential. The area is also home to a thriving community with a range of shops, restaurants, and local amenities, providing tenants with everything they need for daily life. From supermarkets to cafes and entertainment options, everything is easily accessible, making it a highly desirable place to live.
Commuting from Croydon is exceptionally convenient, with numerous transport links connecting the area to central London and beyond. Croydon boasts two main train stations-East Croydon and West Croydon-which offer quick and direct services to key destinations such as London Victoria, London Bridge, and Gatwick Airport. This makes it an attractive location for professionals who work in the city but prefer a more affordable living option outside of central London. The area is also well-served by buses and trams, making commuting even easier.
With the ongoing development in the area, Croydon is becoming increasingly popular among renters, providing a reliable rental market. This apartment's location, paired with the strong transport links, ensures high tenant demand and the potential for consistent rental income. Whether you're a first-time investor or looking to expand your portfolio, this property in Croydon is a great opportunity for secure, long-term investment returns.
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