2 bed flat for sale Caithness Walk, Croydon, CR0

2 beds 2 baths Flat

New home Tenure: ask agent

Added yesterday

About this property

Please Quote Ref AA1262 For All Enquiries An exceptional investment opportunity awaits with this contemporary two-bedroom, two-bathroom new build apartment, offered with tenants in situ and boasting an attractive annual rental income of £22,200, achieving a yield of 6.8%. Spanning nearly 800 sq ft, this thoughtfully designed apartment maximises space and light, providing an ideal living environment.

Key features

Please Quote Ref AA1262 For All Enquiries
Two-bedroom, two-bathroom modern new build apartment
Tenants in situ – ideal turnkey investment
Achieving £22,200 per annum rental income Approx. 6.8% gross rental yield
Nearly 800 sq ft of well-designed living space
Bright open-plan reception, kitchen & dining area
Contemporary kitchen with integrated appliances
Principal bedroom with stylish en-suite shower room
Large private roof terrace with far-reaching views
Excellent location close to East Croydon Station, Tramlink, shops, cafés & restaurants

Floorplan

Location

Caithness Walk, Croydon, CR0

Open map Street View

Council tax band: Ask agent

Mortgage and stamp duty

Property price £325,000

£162k £488k

Deposit10% £33,000

£0 £325k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £292,000 mortgage. Most lenders would want a household income of about £65,000 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.