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Croyland Drive, Elstow MK42 5 bed detached house for sale
Croyland Drive, Abbeyfields
£475,000
Croyland Drive, Abbeyfields
£475,000
Our Summary
- The property features a partially converted garage, ready to be completed as a 6th en-suite bedroom, offering excellent potential to increase yield
- Planning permission has been granted for a 3-metre rear extension, providing scope to expand communal areas or enhance the layout further
- While structurally sound and income-producing, the property would benefit from redecoration and finishing works - an ideal project for an investor willing to add value through refurbishment
- With rental uplift potential across all rooms once improvements are made, this is a high-yield investment opportunity for any serious HMO landlord or portfolio builder
- Planning Permission Three-Metre Extension
- Scope to Increase Rent
Description
This rare opportunity presents a spacious 5-bedroom detached HMO on a generous corner plot, currently generating immediate rental income from four professional tenants. The property features a partially converted garage that can be completed as a sixth en-suite bedroom, offering potential to increase yield. Planning permission has been granted for a 3-meter rear extension, allowing for further expansion of communal areas or layout enhancements. With a large plot and ample off-street parking, the property is situated in a high-demand rental area with strong long-term prospects. Although structurally sound and income-producing, the property requires redecoration and finishing works, making it an ideal project for an investor willing to add value through refurbishment. With rental uplift potential across all rooms once improvements are made, this is a high-yield investment opportunity for serious HMO landlords or portfolio builders.