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For Sale 1 Bedroom 1 Bathroom 1 Reception From £170,000

Hermitage Lane, Croydon, SE25 - From £170,000

  • BUY-TO-LET INVESTMENT OPPORTUNITY
  • Studios from £170,000
  • 7% Guaranteed Rental Yields for first 2 years
  • Free management for first 2 years
  • 250 years Leasehold

HERMITAGE RESIDENCE | STUDIOS FROM £170,000

High yield buy to let opportunity in London, the Hermitage Residence is located close to excellent transport links and is within walking distance of the Westfield Whitgift shopping center in Croydon. A total of nine renovated and furnished studio apartments are available, starting at just £170,000.Croydon is one of the fastest growing areas of London and is currently undergoing regeneration in many parts. This is just one of many reasons making this vibrant suburb of London an investment hotspot.All apartments are tenanted and come with an assured net income of over 5% for 2 years.

Early reservation is highly recommended to avoid disappointment. Please call for more details 0330 223 0331

INVESTMENT OVERVIEW

1. London Prime Address; 250 years Leasehold

2. Major regeneration program

3. Risk Free, Development fully completed with 250 years title deed

4. Fully furnished, ready to move in condition

5. Walking to Tram and well connected to Train Station

6. 7% Guaranteed Rental Yields for first 2 years

7. Free management for first 2 years
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The Stamp Duty for this property would be £900    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 900
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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