Cherry Orchard Road, Croydon, CR0 6FJ
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
633 sq ft
59 sq m
Key features
- Two double bedrooms
- Private balcony
- Modern fitted kitchen
- Concierge service
- Underground parking
- On site gym
- Private communal gardens
- 100 plus year lease
- Great investment potential
- SOLD VIA MODERN METHOD SALE
Description
A well-presented two-bedroom, two-bathroom apartment in the popular Morello development, offered chain-free with a long lease of over 100 years.
The apartment comprises a spacious open-plan living area with access to a private balcony, a modern fitted kitchen with integrated appliances, two double bedrooms (one with an en suite shower room), and a contemporary family bathroom.
Residents benefit from a concierge service, a residents’ gym, landscaped communal gardens, secure underground parking, lift access, and bicycle storage.
Transport connections are excellent, with East Croydon Station just a short walk away. From here, there are fast services to London Bridge, London Victoria, Gatwick Airport and beyond, as well as direct London Overground links to Shoreditch and East London. Boxpark, local shops, cafés and amenities are also close by.
Investment Note:
Currently, generating approx. £1,850 pcm, delivering a gross yield of 6.6%.
The estimated average rental income is approximately £1,500 pcm (5.3% gross yield).
Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to complete within 56 days (the "Reservation Period"). Interested parties' personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack, which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price, including VAT, subject to a minimum of £6,600.00, including VAT. This is paid to reserve the property for the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer, in which case they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Cherry Orchard Road, Croydon, CR0 6FJ
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
About Bartlett & Co, Powered by eXp UK, Sittingbourne
Unit F2, St. Georges Business Park, Castle Road, Murston, Sittingbourne, ME10 3TBYour mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference S1478917. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bartlett & Co, Powered by eXp UK, Sittingbourne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Bartlett & Co, Powered by eXp UK, Sittingbourne on 01795 500718.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.