Sourced Approved Investment

Croydon Flat - ROCE 10% London - Apartment

£ 245,000

Added: 22/04/2025

Profit pa£7,050

ROCE10%

Yield6%

Property description

Strategy: Buy to Let

This is a 1-bedroom flat with large private garden in Croydon. A good BTL returns and potential for SA.

Share of freehold with no annual service charge.

The financials:
▪ Purchase price: £245,000
▪ GDV: £260,000
▪ Annual profit: £7,050
▪ ROCE: 10%
▪ Gross yield: 6%

▪ Deposit, SDLT and legals: £77,650
▪ Sourcing fee: £3,750

Sourced reference: 987399743931677

Disclaimer

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.

Read more

Due diligence

Croydon is the second largest of London's boroughs with excellent transport links to The Capital, Surrey and South Coast. Offers the potential for good long-term capital growth.

Sales Agent

Sandy George

George Property Solutions

Gain access to Sourced

Explore our full suite of property investment products and services.

Create a free account

Start exploring your Sourced dashboard

Create account

By proceeding you are agreeing to our
Terms of business and Privacy Policy

Ok message

Error message