Studio for sale
Key information
Property description & features
- Tenure: Leasehold (116 years remaining)
- 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
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.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 33051798. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Jukes & Co - South Norwood.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 4, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 4, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 30, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.