Guide price
£285,000
3 bed flat for saleShirley Road, Croydon CR0
3 beds
1 bath
EPC Rating: C
About this property
1st Floor
Excellent Investment of 7% net Yield!
Private terrace for outdoor space
En-suite to principal bedroom
Excellent transport links nearby
No Ground Rent & Service Charge
Years On Lease - 900
A ready-made investment opportunity located within a consistently strong rental area in Shirley, Croydon, projected to generate approximately £1,600 pcm from reliable long-term tenants with no arrears history, offering a high-performing income-producing asset from day one.
Priced competitively below comparable market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 7%. Comparable rental properties within the CR0 8SS area and wider Croydon market are achieving approximately £1,400–£1,900 pcm depending on size, specification and tenancy structure, supporting continued rental growth potential.
The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any portfolio. Shirley Road benefits from a popular residential setting close to Croydon town centre, local schools, transport links including East Croydon Station and Tramlink services, as well as a wide range of shopping and leisure amenities, ensuring consistent tenant demand and long-term rental stability.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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More information
Tenure
Leasehold (900 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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