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£900,000

Fixed Price

6 bed property for sale Chatsworth Road, Croydon, CR0

6 beds 6 baths

Tenure: ask agent

Added yesterday

About this property

Please Quote NT1019 For All Enquiries These plans were taken prior to the previous occupants moving in. The lease specifies that the property is to be used as six self-contained studio rooms – 6 bedrooms and 6 bathrooms. A fantastic investment opportunity – this spacious and well-configured property comprises 6 self-contained studios, each with its own bedroom and bathroom, set over four floors on Chatsworth Road, Croydon.

Key features

Please Quote NT1019 For All Enquiries
High Rental Income – Achievable income of £68,328 per annum when fully let
Dedicated Laundry Area – Functional space with washer/dryer setup on the first floor
Clean, modern finishes throughout to suit all tastes
Spacious and practical vertical living with no compromise on comfort
Ideal for hands-off landlords or managing agents
6 Self Contained Studios
Walking distance to supermarkets, cafés, and high street shops
Located in a well-regarded area of Croydon
Potential to extend and add up to 3 more studios

Floorplan

Location

Chatsworth Road, Croydon, CR0

Open map Street View

Council tax band: Ask agent

Mortgage and stamp duty

Property price £900,000

£450k £1.4m

Deposit10% £90,000

£0 £900k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £810,000 mortgage. Most lenders would want a household income of about £180,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.