Reduced
15 photos · FloorplanFor sale
£280,000
Purley Way, Croydon, CR0 4NU
2bedrooms
1bathroom
Terracedtype
Listed 8 Oct 2026 · Croydon
How the price compares
This home£280,000
Median 2 bed in CR0£300k69 homes listed · £431 per sq ft
Difference-7%below the area median
Key features
- Tenanted investment generating £17,892 per annum
- Immediate income from tenants in situ
- Freehold ownership
- 6.4% current gross yield
- Potential to increase yield to 7.3%
- Attractive £280,000 entry price in Greater London
About this home
Tenanted Freehold Investment | Croydon | 6.4% Yield | £280,000
An excellent opportunity to acquire a tenanted freehold investment property in Croydon, generating an immediate rental income of £17,892 per annum from long-term tenants in situ.
This attractive two-bedroom property benefits from two reception rooms and is offered at a competitive asking price of £280,000, producing a current gross yield of 6.39%. Investors may also have the opportunity to enhance returns, with estimated rental potential of £1,700 PCM (£20,400 per annum), equating to a potential gross yield of approximately 7.3%.
With no need to source tenants upon completion, this income-producing asset offers immediate cash flow and long-term investment potential in a well-established Greater London location.
Investment Highlights
Freehold investment opportunity Tenants in situ producing £1,491 PCM Annual rental income of £17,892 Current gross yield of 6.4% Potential rental income of £1,700 PCM Potential gross yield of 7.3%
Two-bedroom property Two reception rooms EPC Rating D Ideal addition to an existing buy-to-let portfolio
Property details
- Property type
- Terraced
Floorplan
Location
Skip map
Arrow keys move the map, Shift with an arrow moves it further, plus and minus zoom, Home returns to the first view.
1 on this map
- Wandle Park Tram Stop0.2 mi
- Waddon Marsh Tram Stop0.3 mi
- Waddon Station0.4 mi
What nearby homes sold for
Median sold prices in CR0 over the last 12 months: terraced £417k · flat £255k · semi-detached £485k · detached £665k.
| Address | Type | Sold | Price |
|---|---|---|---|
| Pavillion 3, 705, Purley Way Purley CR0 4RQ | Other Freehold | 12 Jun 2026 | £383,500 |
| Community And Social Club, Purley Way Croydon CR0 4RJ | Other Freehold | 5 Jun 2026 | £250,000 |
| Flat 14, 6, Purley Way Croydon CR0 3FJ | Flat Leasehold | 5 Jun 2026 | £232,500 |
| 293 Purley Way Croydon CR0 4NU | Terraced Freehold | 30 Apr 2026 | £313,000 |
| Flat 2, 18, Purley Way Croydon CR0 3FL | Flat Leasehold | 7 Apr 2026 | £225,000 |
| Flat 45, 453, Purley Way Croydon CR0 4FF | Flat Leasehold | 5 Mar 2026 | £251,500 |
| Flat 10, Ikon House, 2, Purley Way Croydon CR0 3FA | Flat Leasehold | 2 Mar 2026 | £315,000 |
| Flat 28, Ikon House, 2, Purley Way Croydon CR0 3FA | Flat Leasehold | 30 Jan 2026 | £245,000 |
| 63 Purley Way Croydon CR0 3JW | Terraced Freehold | 19 Nov 2025 | £198,000 |
| 704 Purley Way Croydon CR0 4RS | Other Freehold | 9 Jul 2025 | £3,750,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in CR0
Buying costs
Monthly repayment£1,401£28,000 deposit · £252,000 loan
Stamp Duty£4,000England rates
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Pure, Manchester on Rightmove (original listing). First listed 8 Oct 2026; details checked 7 Nov 2026. Latest change: added on 08/10/2026.
Agent disclaimer
Disclaimer - Property reference 299-purley-way. 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 Pure, Manchester. 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.
Similar homes nearby
Reduced
12 photos · Floorplan
12 photos · Floorplan
Reduced
13 photos · Floorplan£285,000Offers in excess of
2 bed1 bathFlat651 sq ft
Windmill Road, West Croydon, Croydon, CR0
Listed 24 Sept 2026
Reduced
10 photos · Floorplan£290,000Guide price
2 bed2 bathFlat832 sq ft
Flat 6 Stoneham House, 17 Scarbrook Road, Croydon, CR0 1SQ.
Listed 9 Jul 2025
29 photos · Floorplan
9 photos · Floorplan
Reduced
11 photos · Floorplan