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Six-Bedroom Detached Hmo Investment
Purley, CR8 - Get Access
6 bed
1 bath
Description
This freehold six-bedroom detached property is arranged as a fully licensed House in Multiple Occupation (HMO), currently let and producing £49,488 per annum from individual tenancies yielding a combined rent of £4,124 per calendar month. The accommodation on the ground floor comprises two letting rooms, a diner, kitchen, and a WC. The first floor accommodates four letting rooms, including one with an en-suite, alongside a family bathroom and a separate WC. Externally, the property benefits from off-street parking, a garage, and a rear garden. The property is offered with planning permission granted by Croydon Borough Council (ref: 24/03393/FUL) on 12/09/2025 for the erection of a single-storey rear extension and rear dormer loft extension to facilitate conversion into two self-contained houses with sub-division of the rear garden, associated landscaping, parking, cycle, and refuse storage. Furthermore, plans have been submitted for conversion into a ten-room HMO, and additional plans have been drawn up for conversion into a thirteen-room HMO. Located in Purley, Surrey, the property is offered with an 8-week completion available or earlier if required.
Comparable sales
No comparables available.
Estimated market value
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Range:
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Medium confidence
Floor Area: 2,347 sq ft (Floor plan)
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