Property management in Croydon, London

2 bed rent

£1,775 a month

3 bed rent

£2,485 a month

Typical sale price

£246,175

Gross yield

6.2%

Read around CR9. Rents are advertised rents; the sale price is the average of completed sales in the last twelve months.

Croydon is one of outer London's largest town centres, and rents across the borough sit below the London average, offering relative affordability compared with inner London while still being well connected. Housing is varied, ranging from Victorian terraces in areas such as South Norwood and Thornton Heath to high rise flats in central Croydon and semi-detached houses in Purley and Shirley. East Croydon station is a major rail hub, with fast services to London Bridge, Victoria and Gatwick Airport, and the Tramlink network links Croydon to Wimbledon, Beckenham and New Addington. The A23 and A232 run through the borough, and the M25 is within easy reach to the south.

Croydon's town centre regeneration and relatively lower rents have attracted young professionals commuting into central London, while the borough's family housing in areas such as Shirley, Purley and Coulsdon continues to appeal to families wanting a garden and good schools. Croydon University Hospital also brings demand from NHS staff.

For a landlord, Croydon's combination of fast rail links and comparatively lower rents supports steady demand from a wide range of tenants, from young professionals in central flats to families in the surrounding suburbs.

Croydon's ongoing town centre regeneration, including new retail and leisure schemes, continues to support demand from renters who want an affordable base with strong transport links. Purley and Coulsdon, further south, offer larger family houses set in quieter, greener surroundings than central Croydon. Fairfield Halls and the borough's growing cultural offer have also helped draw younger residents to the town centre itself. Taken together, Croydon's transport links and comparative affordability continue to make it a popular choice across a wide range of renters.

• Rent collected and paid to you within 3 working days of your tenant paying
• Your rent held in a ring-fenced client account, separate from Caso's own money, until it is paid to you
• Tenant calls and messages answered 24 hours a day, every day
• Repairs assessed, priced and arranged for you, charged at the contractor's invoice with no markup
• A monthly statement for each property, with every invoice attached, in your portal
• Late rent chased from the first day it is overdue, with a dated record
• Tenancy agreement drawn up and signed online
• Renewals, changes of tenant and legal notices prepared and served
• Rent reviewed every year and the Section 13 rent increase notice served for you
• Deposit protected with the Tenancy Deposit Scheme within 30 days, and the deposit paperwork the law requires served on your tenant
• Deposit deductions agreed and the deposit returned at the end of the tenancy
• Gas safety, electrical safety and energy certificates renewed before they expire, at cost
• Smoke and carbon monoxide alarms checked and recorded
• Council landlord licence applied for where your area needs one, and its renewal date tracked
• Optional: rent guarantee at cost, with no markup. You are paid even when the tenant does not pay.

Selective or HMO licence (council licence). Croydon Council runs a selective licensing scheme across much of the borough. We check the register against your exact address before the first tenancy.