So yet again, another 6%+ yield in Croydon. I still get calls from investors in the Croydon area every day believing that 6% is too hard to achieve in Croydon. I have now given over 35+ deals here, and I think most of them have been above 6%. Anyway, enough waffle.
Prime location, South End in Croydon. Minutes walk to South Croydon and a few more to East Croydon. Near all the shops, restaurants, bars, that any renter will need.
The listing says ‘Cash purchase only’. I don’t know why, but I’m sure there is a reason. Why don’t you quickly call them, then give me a call and I’ll tell you why they are REALLY asking for a cash buy.
Price: £245,000
Rental: £1400pm
Yield: 6.86%
Listed by Martin and Co: http://www.rightmove.co.uk/property-for-sale/property-53011256.html
If you would like advice on this property (genuine, unbiased advice (well I don’t even have the listing myself!)) then please feel free to give me a call on 07957 336 999, contact me, or feel free to visit me in my offices in Croydon.
