2 bedroom apartment for sale

  • £325,000
  • 6.0% Rental Yield
  • 82 ALI
Elmwood Road, Croydon, CR0
For Sale

2 bedroom apartment for sale

Elmwood Road, Croydon, CR0
  • £325,000
  • 6.0% Rental Yield
  • 82 ALI

Overview

Updated on March 24, 2023
  • Property Type
  • 2
  • Bedroom
  • 1
  • Bathroom
    • Sq Ft
  • Year Built

Description

The Property
** Click ‘read more’ and then ‘brochure’ to book a viewing online instantly! **

Light and spacious two bedroom period conversion, conveniently located in a popular residential road within easy access of West Croydon station and town centre amenities. The property would benefit from some modernisation, but offers bright, well proportioned living space with high ceilings, period appeal and excellent potential for further enhancement to own taste. Features include a large reception room, separate kitchen, bathroom with white suite, gas central heating, ample storage space and access to communal garden.

Accommodation comprises entrance hall leading into the bright and spacious reception room with feature fireplace surround, ample space for relaxing and dining, and door through to the separate kitchen. The kitchen comprises an older style range of matching wall and base units with work surfaces incorporating inset sink unit
and further space for appliances. There are two well sized bedrooms, plus a family bathroom with white three piece suite.

The property is conveniently located close to the centre of Croydon, within easy access of West and East Croydon stations, offering excellent fast and frequent services into Central London. Croydon town centre itself offers an array of shops, bars, cafes and restaurants, as well as excellent leisure facilities including a cinema complex.

It should be noted the property has a lease of 73 years however the seller is in the process of extending this to a new 125 year lease.

Viewings are strongly recommended.

Lease Information
To be confirmed. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Service Charges
To be confirmed. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Property ownership information

Tenure: Leasehold

Council tax band: C

Annual ground rent: £150.00

Ground rent review period: Every 10 years

Annual service charge: £989.00

Service charge review period: Every 1 year

Lease end date: n/a

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Arical Liveability Index

82
Schools
Outstanding
Restaurants
Good
Transport
Good
Services
Good
Groceries
Good
Safety
Good

What's Nearby?

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Predicted Rental Yield

6.0%

Rental yield is the return a property investor is likely to achieve on a property

Transaction Nearby

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