Description

Frost Estate Agents are delighted to welcome to the market, this extremely spacious apartment established within the heart of Purley. The property is currently only available for buy to let investors, providing a tenant in situ' which it has already served for a number of years. The positioning allows for immediate approach to Purley mainline station, as well as the towns array of shopping amenities & restaurants. Call now.

The accommodation briefly comprises; entrance lobby, in turn accessing Continued...

Property features

  • Rental Investment Buyers Only
  • Extremely Spacious One Double Bedroom Apartment
  • Central Purley
  • Minutes' From Purley Mainline Station
  • Currently Occupied With Tenant In Situ'
  • 13ft 6 x 13ft 4 Bedroom
  • 16ft 8 x 15ft 9 Living Room
Travel time to work:

  • Purley - 0.22km, 3 mins walk
    • National Rail
  • Reedham - 1.07km, 16 mins walk
    • National Rail
  • Riddlesdown - 1.29km, 19 mins walk
    • National Rail

Rental Yield

Average rental value

£185pw

Average weekly rent of nearby 1 beds.

Annual rental yield

3.9%

Gross yield if rented for the average rent.

Sale price

Average asking price

£332,532

Average asking price of nearby 1 beds.

Value for money

25% cheaper

This property is cheaper than average.

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

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Marketed by

Frost
1 Purley Road, Purley, CR8 2HA

020 8033 2146

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