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Leighton Street, Croydon, Surrey 4 bed semi
Leighton Street, Croydon, Surrey
£670,000
Leighton Street, Croydon, Surrey
£670,000
Our Summary
- 4-Bedroom, 4 En-Suite Semi-Detached HMO – Excellent Investment OpportunityA fantastic investment opportunity to acquire this well-presented four-bedroom, three en-suite semi-detached property, ideally positioned on Leighton Street in Croydon
- Two of the bedrooms offer independent cooking facilities, increasing rental appeal and potential occupancy flexibility, while the ground-floor bedroom includes an en-suite
- The property occupies a substantial side plot, offering excellent potential for a single/double-storey side and rear extension, with planning permission previously granted
- Additional income is generated from a fourth bedroom with en-suite, let on an Airbnb basis, generating circa £3,000 pcm, along with a static caravan generating circa £1,000 pcm, resulting in a potential total annual income of approximately £83,400This is a rarely available opportunity to secure a high-yielding, fully compliant HMO in a sought-after location—perfect for both seasoned and first-time investors alike
- Opportunity to increase rental income further through development
- Substantial side plot with potential to extend
Description
This semi-detached property on Leighton Street in Croydon is a fantastic investment opportunity, boasting four bedrooms, each with its own en-suite bathroom, and a Lawful Development Certificate confirming its use as a House in Multiple Occupation (HMO). The property has been thoughtfully upgraded and is in excellent condition throughout, featuring a modern kitchen and generous bedrooms. The property has a substantial side plot, with planning permission previously granted for a side and rear extension, offering potential to increase rental income. Currently, the property generates a strong annual income of £35,400 from two bedrooms, with additional income from a third bedroom and a static caravan. The property has excellent potential for further enhancement and rental income growth, making it an exceptional opportunity for both seasoned and first-time investors.