£275,000

2 bed flat for sale

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Leasehold

£275,000

(£393/sq. ft)

2 bed flat for sale

Cranleigh Close, Sanderstead, South Croydon CR2

2 beds
1 bath
1 reception
700 sq. ft
EPC rating: D

Key Information

Tenure:
Leasehold (90 years)
Service charge:
Council tax band:
C
Ground rent:
£300
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Gresham Primary School 0.1 miles
  • Atwood Primary Academy 0.3 miles
  • Riddlesdown 1 mile
  • Kenley 1.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Chain Free
  • Currently let on an AST
  • Excellent value for money
  • Good Location
  • Great 1st Time Buy
  • Great For An investor
Description

This presents an outstanding opportunity to acquire a superb, spacious 2-bedroom apartment at a great price. Situated above a quiet office, the property is well maintained and would make a great first home. It also has its own small terrace where you could place plants etc to make it your own little nirvana.

It is located in the heart of Sanderstead, known for its great schools and community spirit. The park and gruffy are just yards away, as well as a Waitrose, independent coffee shops and host of other establishments along the parade.

Should you be an investor, the flat is currently leased under an Assured Shorthold Tenancy (AST) agreement, generating an impressive annual gross income of £21,000. You'll appreciate the attractive 7.2% yield on your initial investment.

Council Tax Band: C (Croydon)
Tenure: Leasehold (90 years)
Ground Rent: £300 per year
Service Charge: £0 per year (reviewed every 0 years)
Leaseholder responsible for 25% of the insurance premium

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

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Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

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Listed by

Charles Richardson

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Property descriptions and related information displayed on this page are marketing materials provided by - Charles Richardson. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Charles Richardson for full details and further information.

  1. Zoopla
  2. For sale
  3. London
  4. Croydon (London Borough)
  5. South Croydon
  6. Sanderstead
  7. Cranleigh Close

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