Description

1. It is 1 of 4 units of terraced townhouse converted into 9 units of apartments.
2. 250 years beginning 2017
3. • It is just off the main street where the conveniences are. Walkability 81%
• It is surrounded by terraced townhouses which undergoing refurbishment and upgrade
4. • Fully furnished
• Off street car park
• It is completed (risk free)
• It is tenanted (worry free)
• It comes with management (hassle free)
5. Zone 4
6. • Included fully furnished
• Included parking
• Low density
• Low service charges
7. • Bus and trams stations are just short walking distance nearby
• National Rail can be connected at Elmers End and East Croydon with approx. 30min to Zone 1
8. • Affordability based on demand
• Apartments here are also priced below the average price of the starter home in London
• All the units have already been occupied as the tenants are used to smaller sized apartment
• The smaller units also made the units easier to rent and easier to maintain
• Smaller units also mean lower stamp duty of less than 2% for 1st homeowners
9. All the units are currently tenanted and we are currently upgrading the entire development and tenant profile to increase the yield
10. Located 11 miles south of the London centre.
If you look at the zoning distance, it is about the same zoning distance to the Stratford/Leyton which is also 11 miles.
Zone 4 represents the connectivity of the tube and train station which is currently under constant upgrade
11. A GBP5 billion regeneration of the town of London including upgrading of the Mall (Shopping centre) and
the tram line to attract more locals and local business to come to Croydon which is an ongoing effort of the city council
12. About Croydon:
• 70% British (local)
• Silicon Valley of London
• Have big businesses like Barclay Capital and Goldman Sach International
• Near to Gatwick Airport
• Tramline which doesn’t require climbing up and down the stairs/ escalator
• Have been increasing in demand and property price is climbing steadily
13. The nearest education hub is Croydon College
19. You can have Vacant Possession for your own use.
• Subject to us giving the notice to vacate the tenant over a period, not more than 6 months and
we will honour the rental payment based on an apportionment basis

Local Authority: Croydon Council

GROUND RENT
£350 Per Annum
SERVICE CHARGE
£660 per annum

  • Address HERMITAGE LANE, LONDON
  • City London
  • Zip/Postal Code SE25 5HH
  • Area Croydon
  • Country United Kingdom

Details

Updated on March 13, 2021 at 11:24 pm
  • Property ID: Hermitage residence 1.1 Croydon
  • Price: £247,500
  • Property Size: 15
  • Bedroom: 1
  • Room: 1
  • Year Built: 2020
  • Property Type: Flat, Studio
  • Property Status: For Sale

Overview

Property ID: Hermitage residence 1.1 Croydon
  • Hermitage residence 1.1 Croydon
  • Property ID
  • Flat, Studio
  • Property Type
  • 1
  • Bedroom
  • 1
  • Room
  • 15
  • 2020
  • Year Built

Walkscore

What's Nearby?

Active Life
Virgin Active (4.84 mi)
Good 1 reviews
Virgin Active (5.11 mi)
Average 4 reviews
Laser Active (8.25 mi)
Exceptional 2 reviews
Arts & Entertainment
Tle Training Centre (1.22 mi)
Exceptional 1 reviews
HJA Performing Arts School (1.29 mi)
Poor 1 reviews
Clinton Cards (1.35 mi)
Average 1 reviews
Automotive
Tyretrax Ltd (0.52 mi)
Average 1 reviews
Croydon Accident & Repair Centre (0.53 mi)
Good 1 reviews
Soft-Tops (0.9 mi)
Exceptional 2 reviews
Education
Tle Training Centre (1.22 mi)
Exceptional 1 reviews
HJA Performing Arts School (1.29 mi)
Poor 1 reviews
croydon college (1.33 mi)
Good 2 reviews
Food
Pizzarella (0.06 mi)
Fair 1 reviews
Londis (0.07 mi)
Average 1 reviews
Delight Kebab (0.09 mi)
Good 3 reviews
Health & Medical
Portland Medical Centre (0.5 mi)
Average 1 reviews
Fishers Chemist (0.52 mi)
Average 1 reviews
Orchard (0.77 mi)
Exceptional 1 reviews
Nightlife
The Gold Coast Bar & Restaurant (0.48 mi)
Good 3 reviews
The Alma Tavern (0.58 mi)
Fair 1 reviews
The Builder's Arms (0.74 mi)
Good 1 reviews
Restaurants
Pizzarella (0.06 mi)
Fair 1 reviews
Delight Kebab (0.09 mi)
Good 3 reviews
Jenny's Fish & Chips (0.09 mi)
Good 1 reviews
Shopping
Edible Fruit Bouquet (0.23 mi)
Poor 2 reviews
TK Maxx (1.04 mi)
Exceptional 1 reviews
Pic N Mix Kids Rooms (1.13 mi)
Good 1 reviews
Transportation
Heathrow Gatwick Cars (0.49 mi)
Exceptional 1 reviews
East Croyden Train Station (1.11 mi)
Fair 1 reviews
Croydon Local Taxis (1.16 mi)
Average 1 reviews

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