House of multiple occupation for sale

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House of multiple occupation for sale

348 Brighton Road, Croydon, Surrey, CR2 6AJ
£700,000

Our Summary

  • - Potential to convert the building in the rear garden to a single dwelling or self-contained flats (subject to consents)
  • 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, extending to approximately 1,485 sq ft, is currently arranged to provide shared kitchen facilities and en-suite bathrooms for the first four bedrooms, with the remaining two bedrooms sharing a communal bathroom. The property is in excellent condition and has a valid HMO licence for six persons, expiring in 2029. The property is being sold with vacant possession and has an estimated 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. Located close to Purley town centre and within walking distance of Purley Oaks railway station, the property is being offered for sale for the freehold interest with vacant possession, with offers invited in the region of £700,000.