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7 Bed HMO Croydon

£ 650,000 For Sale
Freehold 7 Bedroom Semi-Detached House HMO Property For Sale
Shirley Road Croydon London CRO
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0203 970 4112
New
Price : £ 650000
Gross Yield : 10.80 %
Gross Monthly Rent: £ 5850
Operational Costs: £ 690
Net Monthly Rent: £ 5160
Net Yield: 9.53 %

7 bed licenced HMO AgentHMO are pleased to present this fantastic opportunity of a 7 bedroom house with HMO licence in place producing a very good return, in a great location of Croydon close to Selhurst and West Croydon mainline stations.

The property is licenced and is achieving over 5,850 per month gross. The house is a period property and features three bedrooms on the ground floor with a shared bathroom. On the first floor, you have an additional two bedrooms where both have en suits and kitchen with low-level units and integrated oven and hob. The top floor is self-contained having its own bathroom and kitchen and there achieving more in a monthly rental. All the rooms are occupied with 7 professional tenants. The added bonus of this property is is that it has it’s very own private very low maintenance garden.

The location of this property sits in the borough of croydon and is within easy reach of some great schools, Brits school and The Crescent Primary to name a few. Mainline stations West Croydon and Selhurst that offer services to London Victoria and Westfields planning approved. The area is great with local amenities moments away and with newly developed Boxpark with a wide variety of bars and restaurants.

Viewing is highly recommended. Tenancy schedule is available upon request.

Property Sub Type: Semi-Detached House
No Storeys: 3
Tenure: Freehold
Construction: Brick & Tile
Condition: Good
Garage: None
Additional Parking: Off-road
Garden: Rear
Heating: Gas Central Heating
Double Glazing: Part
Tenant Type: Professional
Fully Tenanted
Fully Refurbished
Great Location
Strong Rental Demand
Capital Growth Potential
Good Transport Links
Fully Managed
Wireless Broadband
Shared Kitchen Dining Area
HMO Compliant Fire Alarm
Double: 4
Double Ensuite: 3
Total Lettable Units: 7
Room Type: Price
Double Room / Ensuite £ 900
Double Room / Ensuite £ 900
Double Room / Ensuite £ 900
Double Room / Ensuite £ 900
Double Room / Shared Bathroom £ 750
Double Room / Shared Bathroom £ 750
Double Room / Shared Bathroom £ 750
Gross Monthly Rent: £ 5850
HMO Licence Required: Yes
HMO Licence In Place: Yes
Licensed No of Persons: 8
Licensed Units of Accomodation: 7
Planning Use Class: C4
Gas:£ 200
Electric:£ 200
Water:£ 100
Broadband:£ 30
TV Licence:£ 10
Cleaner:£ 150
Total Costs:£ 690
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