2 bed Flat for sale, Thornton Heath
£250,000 ll
Property ref: 14355 Located at London Road, CR7, this well-proportioned two-bedroom apartment presents an excellent investment opportunity with established long-term tenants. Situated on the first floor of a vibrant town setting, the property benefits from superb transport links, with a bus stop just a minute's walk away. Norbiton and Thornton Heath stations are also conveniently accessible via a short bus ride or within a 15-minute walk. Internally, the flat boasts generously sized rooms throughout. The reception room, two double bedrooms, and kitchen are all notably large and spacious, offering comfortable living areas. A long, level hallway provides easy access to all rooms within the apartment. The reception room, hallway, and kitchen feature practical and easy-to-maintain laminated flooring. Currently let on an Assured Shorthold Tenancy (AST) to reliable tenants who have resided at the property for 15 years, this investment offers immediate rental income. The current rent is £1400, however, a market rent of £1700 per month is considered achievable, presenting the potential for increased yield. This property is ideal for investors seeking a stable income stream with tenants in situ and the potential for future rental growth in a well-connected location. Don't miss this opportunity to acquire a substantial apartment with a proven rental history.
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