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£500,000

Selsdon Road, South Croydon, CR2

  • 3 beds
Terraced house

£500,000

  • 3 beds
Terraced house
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Estimate monthly mortgage payment:

£2,283 per month

Minimum deposit amount:

£25,000
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OneDome - Properties for sale and to rent

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Investment Opportunity! A buy-to -let dream is available as this freehold house located just moments away from South Croydon station has been divided in to two flats which are both currently let out to tenants on ASTs. ( Rental figures available upon request ). The ground floor flat was previously owner- occupied and the kitchen and bathroom are of a much higher specification than would normally be expected in a rental property. In brief it comprises a reception room at the front ( currently in temporary use as a guest bedroom), a double bedroom, hallway with access to a basement area ideal for storage, a kitchen breakfast room, lobby area and a stylish bathroom. At the rear is a good size garden, directly accessible from the ground floor flat. Upstairs is a spacious two double bedroom flat, the space of which is perhaps not immediately obvious due to the current tenant's amount of personal belongings, however upon closer inspection you will be able to see that it has undergone fairly recent refurbishment. The loft is sizeable and could offer potential to As mentioned previously the property is being sold as a freehold unit and no leases have been created, however the two flats do have separate services. Please call us for more information regarding the finance options. As the building is freehold there are no service charges or ground rent which will maximise the rental income. The property is both double glazed and gas centrally heated with a current EPC Rating of D however this has been assessed on the basis that there is no loft insulation which could easily be improved. Council Tax Band C.

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£2,283 per month
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£3,750
Mortgage and legal costs:
£999
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