Parker Road, Croydon

yieldit are pleased to present Parker Road, located in a well-established residential area of South Croydon, this two-bedroom freehold mid-terrace property represents an excellent opportunity for investors seeking immediate rental income. The property is being sold with a tenant in situ, providing a ready-made investment and income from completion.

The accommodation is well proportioned and arranged over two floors. On the ground floor, there are two separate reception rooms offering flexible and desirable living and dining space, along with a fitted kitchen leading to the rear garden. Upstairs, the property comprises two generously sized bedrooms and a family bathroom. A private rear garden completes the property. New boiler fitted in the last five months.

Croydon continues to be one of South London’s most attractive investment locations, benefiting from significant regeneration, ongoing infrastructure improvements and strong tenant demand. The area offers excellent transport connections, including fast and frequent services from East Croydon railway station to London Bridge and London Victoria, making it highly popular with commuters. Croydon also benefits from the Tramlink network and extensive bus routes, enhancing local connectivity.

In addition, the town centre provides a wide range of shopping, leisure and dining facilities, alongside continued redevelopment and inward investment that support both rental growth and long-term capital appreciation. With strong yields compared to many other London boroughs and consistent demand from professionals and families alike, this property offers a turnkey buy-to-let opportunity in a location with proven and future growth potential.

Financial Breakdown

Gross Rent: £19,200.00
Net income: £19,200.00
Gross yield: 5.49%
Net yield: 5.49%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08431