A licensed HMO with planning permission to add an additional unit in the loft space, generating approximately £100,000 in gross income per year. The property offers opportunities for expansion or redevelopment, subject to planning permission. Located near Shortlands mainline station, the property can be purchased through a clean SPV, potentially saving on stamp duty. Currently, the property has nine rooms producing £101,100 in annual gross income, with preliminary drawings for an extension and conversion into eight one-bedroom flats with a gross development value of £2.4 million.