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6 bedroom detached house for sale
30 Wyvern Road, Purley, Surrey, CR8 2NP
£500,000
30 Wyvern Road, Purley, Surrey, CR8 2NP
£500,000
Our Summary
- Guide Price = £500,000+ **For Sale By Public Auction 10th December 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Six Bedroom Detached HMO Fully Let Producing £49,488 Per Annum
- Offered With Planning Permission for a Rear Extension and to Convert the Property into Two Houses
- Planning Croydon Borough Council granted the following planning permission (ref: 24/03393/FUL) on 12th September 2025 : ' Erection of single storey rear extension and rear dormer loft extension to facilitate the conversion of the existing dwellinghouse into 2 self-contained homes, with sub-division of rear garden, associated landscaping and provision of car parking, cycle and refuse storage
Description
This six-bedroom detached HMO property is fully let and producing £49,488 per annum, offering a 9.9% yield on the guide price of £500,000+. The property is situated on a residential road close to local shops and amenities, with transport links provided by Purley rail station. The property features a garage, rear garden, and off-street parking, and benefits from planning permission to convert it into two separate houses, with a single-storey rear extension and rear dormer loft extension. The property is currently let to six tenants, with individual tenancies producing a combined rent of £4,124 per calendar month. With an 8-week completion available, this property presents a rare opportunity for investors to purchase a fully let and profitable property with significant potential for growth.