Haven’t done one of these in a while so went searching through Zoopla with my spreadsheet ready, and found this little property near East Croydon station.
Advertised by Barnard Marcus, 0.5 miles from East Croydon Station, I have worked it out as the following.
Purchase Price: £200,000 (try £180,000 as a CASH BUYER)
Rent: £900pm
Yield: 5.40%
Link to property: http://www.zoopla.co.uk/for-sale/details/40879122?search_identifier=edf23d335644cbcf1aa06af6b50367fe#YpLu5WsoZ0DMFzbO.97
If you would like my opinions and thoughts on this property or any of your current properties, including their current values, please feel free to get in touch on 0795733699.