2 Bed Flat, Refurb/BRRR, Croydon, CR0 9LD, £245,000

• When calling please use extension number 103 to get through to the agent dealing with this sale +
• No need to worry about the length of the lease, as the home comes with 975 years remaining and is SHARE OF FREEHOLD +
• A garage is included with the sale of this property +
• Looking to invest and want a good yield, this one could offer you 7.2% with some updating in the property needed (have a look at our virtually renovated and staged photos for inspirational purposes) +
• Energy efficiency coming in at a C is great for this age of property +
• Don't want a long chain? Well this is being sold chain free +

Welcome to Hartscroft in Forestdale, a sought-after area in Croydon offering exceptional value for money. This two-bedroom, purpose-built flat is the perfect canvas for first-time buyers looking to create a home of their own, as well as savvy investors seeking strong returns.

The property boasts a share of freehold, a generous lease length of 975 years, and no ground rent – fantastic benefits for any buyer, ensuring long-term security and minimal ongoing costs.

Step into a good-sized main reception room, ideal for relaxing or entertaining. The separate kitchen is ready for a refresh, allowing you to add your personal touch, and the flat offers two bedrooms – one of which is a generously sized double. With an Energy Performance Certificate rating of C, this property is impressively efficient for its age.

As the flat requires some modernisation, you will see from our photos we have included what your home could look like with it being virtually renovated and staged for inspirational purposes only. Take a look for yourself!

Forestdale’s local shops are just a stroll away, and you’ll find popular supermarkets like Sainsbury's, Aldi, and Co-Op within easy reach. The 433 bus route, which passes by nearby Pixton Way, provides a quick and easy route into Central Croydon, making commuting a breeze.

For added convenience, the flat includes both a garage and resident parking, ensuring ample space for your vehicle. Investors will appreciate the area’s strong rental demand, with rental yields potentially exceeding 7.2% once modernized. This flat is vacant and chain-free, ready for immediate occupancy.

Experience the benefits of living in Forestdale, where you can stretch your budget further compared to central Croydon. Don’t miss this opportunity to invest in a flat with excellent rental potential or to create your first home.

* The home is located on the 1st floor, with no lift
* Being sold with vacant possession
* EPC rating is C
* Council Tax Band - C (£2,103.91)
* Service Charge - £1,776.64 Per Annum
* Possible yield of 7.2% with some updating required
Council tax band: C