2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (90 years remaining)
- Chain Free
- Currently let on an AST
- Excellent value for money
- Good Location
- Great 1st Time Buy
- Great For An investor
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
Places of interest
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Property reference RS0052. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Richardson - Croydon.
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Broadband availability and predicted speed: obtained from Ofcom on May 5, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 5, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 20, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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