1 bed apartment for sale in Palladian Court, 3 Cabot Close, Croydon, Surrey (ref: 1008260)

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Offers in Excess of £190,000

527.43 sq ft (49 sq m)

Key features

Chain-free one-bedroom apartment within the popular New South Quarter development
Modern fitted kitchen with integrated appliances and a contemporary bathroom
Private balcony accessed directly from the open-plan living area
Lift access and concierge service
Potential gross rental yield of approximately 8–8.5%, making it an attractive buy-to-let investment
Excellent transport links via nearby Wandle Park Tram Stop, with direct connections to East Croydon and Wimbledon
Conveniently located for Purley Way Retail Park, Valley Park and a range of local leisure facilities
Approx. 141-year lease | Ground rent £355.86 p.a. | Service charge approx. £1779.28 p.a. | Council Tax Band C

Floorplan

A beautifully presented, chain-free one-bedroom apartment set within the highly regarded New South Quarter development, offering stylish modern living, excellent transport links and the benefit of a long 141-year lease.

Bright and well-proportioned throughout, the apartment features a generous open-plan kitchen/living area with integrated appliances and direct access to a private balcony, providing the perfect space to relax or entertain. The accommodation is completed by a spacious double bedroom and a contemporary bathroom finished to a high standard.

Residents also benefit from attractive communal gardens, lift access and a dedicated concierge service for parcel handling and resident assistance.

The location combines convenience with green open spaces. Wandle Park Tram Stop is just moments away, providing direct connections to East Croydon and Wimbledon, while Waddon Station offers additional rail services. East Croydon's fast links to London Victoria, London Bridge and Gatwick Airport make this an ideal choice for commuters. The extensive shopping, leisure and dining facilities of Purley Way and Valley Park are also within easy reach.

Adding to the appeal, the apartment is within easy reach of Wandle Park, offering attractive green open spaces alongside exceptional connectivity.

This superb apartment would make an ideal first-time purchase, buy-to-let investment or home for those seeking a well-connected, low-maintenance lifestyle within a popular modern development. Investors can also expect an attractive potential gross rental yield of approximately 8-8.5%, making this a compelling investment opportunity. Read more

Based on a sale price of £190,000 the total amount of stamp duty payable will be:

Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.

What is stamp duty and how is it calculated?

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.