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This property was removed from Dealsourcr.

3 Bed Flat, Single Let, London, SE25 4QW £205,000

Flat 8, Portland Mansions, Portland Road, London, SE25 4QW - 6 views - 9 months ago
  1. Deal Search
  2. London
  3. SE25
  4. SE25 4QW
Leasehold
Auction
BTL
ROI: 18%
~93 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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Property History

Listed for £205,000

March 11, 2025

Description

  • By order of the Joint Fixed Charge Receivers +
  • Long leasehold three bedroom flat +
  • Let on an assured shorthold tenancy +
  • Producing £24,000 per annum +
  • Online Auction on Wednesday, 26 March 2025 +

The property comprises a self-contained three bedroom flat forming part of a larger three storey building within a mixed use parade.  The property is in excellent condition and is arranged over the second floor, sharing communal access from the front of the property.

Location:
South Norwood is located 3 miles north-east of Croydon and 3 miles south-west of Beckenham. The property is situated in the Woodside area, just to the south of South Norwood and on the east side Portland Road close to the juncton with Ferndale Road. The property is situated in a mixed use area and Norwood Junction (Overground & National Rail) station is 0.6 miles to the west and East Croydon (Rail & Tram) station is 2 miles to the south.  Croydon Sports Centre, South Norwood Country Park and Ashburton Park are all located nearby. The approximate position of the property can be located as follows:
Grid reference: TQ

What3words.com maps.spots.rushed

Tenancy:
The property is let to Home Let London Ltd on an assured shorthold tenancy for a term of 24 months from 12th December 2023 at a current rent of £2,000 per month. 

Accomodation:
Second Floor Three bedrooms, Living room, Kitchen, Bathroom/WC External Balcony

Online Auction on Wednesday, 26 March 2025. For further information, such as legal documents and property information, please visit bidx1.com.

Agent Details

BidX1, London

020 3910 6202

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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