2 Bed Flat, Single Let, CR7 6AD, £250,000

1 Dunheved Road South, Thornton Heath, CR7 6AD - 2 views - a month ago

Leasehold
BTL
ROI: 8%
181 m²
+5 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £250,000

February 10, 2025

Floor Plans

Description

  • Two bedroom +

  • Second Floor +

  • Walking distance to Thornton Heath Station, bus links & High Street +

  • Close proximity to West Croydon Station & Croydon Centre +

  • Shared garden +

  • No onward chain +

  • Lease of 122 years upon sale +

  • Currently producing £1,575 rental income per month by a professional tenant +

SUMMARY
A beautifully presented converted apartment with shared garden, this well-maintained second-floor apartment is now available in a sought-after location near Croydon University Hospital, West Croydon & Thornton Heath Stations.

DESCRIPTION
The property features two generously sized bedrooms and a bright, open-plan kitchen, dining, and lounge area, with the bathroom conveniently accessed from this space. Residents also benefit from a shared garden, perfect for outdoor relaxation.

Offered with no onward chain, this apartment comes with a brand-new 122 -year lease on completion, with no current ground rent or service charge. Ideally positioned for commuters, West Croydon and Thornton Heath stations provide direct links into central London. Just a short walk from Croydon University Hospital, this is an excellent opportunity for first-time buyers or investors looking for a strong rental prospect.

Costs: 
Insurance premium which is around just over £400 per annum, per flat and bin collections which is around £30 per flat. No other fixed charges, any Service Charges are on a when necessary or needed basis.

Agents Note; 
To enable to the sale of the flat the vendor has advised that a Draft Lease will be created which would be finalised on completion in preparation for submission at Land Registry. The advertised lease details have been advised to us by the seller. We recommend that you seek guidance with regards to any financial arrangements and timeframes associated with this process to ensure that it will meet your requirements.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Thornton Heath

020 3835 3547

Next Steps?

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