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Parchmore Road, Thornton Heath, CR7 Studio for sale
Parchmore Road, Thornton Heath, CR7
£600,000
Parchmore Road, Thornton Heath, CR7
£600,000
Our Summary
- This outstanding property presents a lucrative investment opportunity for landlords seeking a high-yield, fully compliant HMO in a sought-after area
- Located in the heart of Thornton Heath, the property is thoughtfully designed and ready for immediate tenancy, requiring no further work
Description
This property is a lucrative investment opportunity for landlords seeking a high-yield, fully compliant HMO in a sought-after area. Located in Thornton Heath, the property is thoughtfully designed and ready for immediate tenancy, requiring no further work. The property features a spacious en-suite room and a fully self-contained rear studio, perfect for professionals or long-term tenants seeking comfort and privacy. Communal areas include a fully equipped kitchen/diner and secure entry system, with safety features such as emergency lighting, smoke alarms, and heat detectors. The property delivers strong financial returns, with a projected monthly rental income of £4,700-£5,000 and an estimated annual rental yield of 9.2-10%. With excellent transport connections and consistently high rental demand, this turn-key investment is a rare find in a high-demand market, allowing landlords to start generating income immediately.