HEATHFIELD DRIVE - CR4

A one bed flat in South London that comes with a huge £70,000 discount with estimated rents at £1,275 pcm. Situated in a modern building in Croydon this leasehold property is in fair condition with an update required and can be purchased to flip or to buy, refurb, refinance and let. Cash or bridge buyers preferred with full legal pack available upon request.

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Enquire On This Sh*t House Here

Financial Breakdown

Quick Sale Price: £190,000
Deposit: £47,500
Est Rent PCM: £1,275
Mortgage Payment PCM: £356.25

NET Profit PCM: £631.25
NET Profit PA: £7,575
NET Yield 5.1%
NET ROI 12.1%

Heathfield Drive

Mitcham

CR4 3RH

Potential Market Value £260,000

Purchase Price £190,000

Discount £70,000

27% BMV

Launched January 2022