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Two Four-Bedroom Hmos

Norwood, SE19 - Get Access

4 bed

Description

The property comprises two four-bedroom HMOs. 5A has a Gross Internal Area of approximately 84 sq m (904 sq ft) and includes a rear patio. 5B also has a Gross Internal Area of approximately 84 sq m (904 sq ft). Both properties are within converted mid-terrace residential dwellings. They are located on Woodland Road, London SE19 1NS, in the Crystal Palace / Upper Norwood area of South London, within the London Borough of Lambeth. The location is approximately 6.3 miles south-east of Charing Cross. Local services are accessible in Crystal Palace. Public transport is available from Gipsy Hill Station (approx. 0.5 km) and Crystal Palace Station (approx. 0.6 km), with local bus services operating from nearby stops. Both properties hold HMO Licenses: 5A (LLBC-632249379778) expires 23/07/2031 for 4 households and 4 occupants; 5B (LLBC-785845388303) expires 16/07/2031 for 4 households and 4 occupants. The property is held freehold under Title Number LN128695. The total gross annual rent produced is £101,220. The auctioneer has not inspected internally, and information is provided by the vendor. EPCs: 5A - C:73, 5B - D:68. Bidding requires proof of ID, address, source of funds, and a £5,000 hold on funds. Registration closes the day before the auction at 2pm. Refer to legal documentation for VAT information.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 151 sq ft (EPC)

The property is a 4-bedroom, 4-occupant HMO located in a converted mid-terrace dwelling in SE19. The valuation is based on the income generated from the HMO licenses and the total gross annual rent, cross-referenced with comparable sales of similar properties in the vicinity. The property's condition is noted as good, with some dated elements, and the valuation has factored in the provided floor area.

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