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6 bedroom house of multiple occupation for sale
Croydon CR2
£700,000
Croydon CR2
£700,000
Our Summary
- - Potential to convert the building in the rear garden to a single dwelling or self-contained flats (subject to consents)
Description
This six-bedroom semi-detached house is located close to Purley town centre and Purley Oaks railway station, and offers a unique opportunity for investors or developers. The property is currently arranged to provide six bedrooms with shared kitchen facilities, and benefits from high-end internal fittings and condition. Five of the bedrooms have en-suite bathrooms, while the remaining two share a communal bathroom. The property has a valid HMO licence for six persons and is estimated to generate a gross rental income of £72,000 per annum. Additionally, there is potential to convert the building in the rear garden into a single dwelling or self-contained flats, subject to necessary consents. The property is being sold with vacant possession and is priced at around £700,000 for the freehold interest.