Here is a nice little deal I found today. Somehow I missed it a couple of weeks ago (I do look at a LOT of properties), but none the less, it’s still on the market (since 28th Jan).
Its marketed by Barnard Marcus, and while they are listing it towards their buy-to-live-in clients, I can see something a bit more here…
Property Price: £277,950
Rental Price: £1250pm
Yield: 6.58%
Location is great, very close to the local stations and local amenities. There is a large 24hr Tesco’s within 7 mins walk and bus routes all over the place. Perfect for tenants. Yes, the building doesn’t look very nice from the outside (especially as its competing with The Island, Saffron Tower, the new Lansdowne Building and new Hogarth Crescent Buildings), but do you really care? It’s going to also be very close to the new Westfield’s! Pretty good I must say so myself.
Link to Property: http://www.zoopla.co.uk/for-sale/details/39334105?search_identifier=7c86ad95f6f6b22e835a36228a53a4f2#tf9xQ40lhwcxVvM4.97
Like always, if you have any questions about the local property market (Croydon), do not hesitate to contact me!
