4 Bed HMO, South Croydon, CR2 6AD, £540,000

110 Brighton Road, South Croydon, Greater London, CR2 6AD - 6 views - 6 months ago

Sold STC

HMO

ROI: 2%

134 m²

+15 photos

ValuationUndervalued

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Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£135,000£135,000
Stamp Duty & Legal Fees	£31,900£31,900
Total Cash In	£166,900£166,900

Cash Out
Room Rate	£815£815
Gross Rent	£3,260£3,260
Running Costs/mo	£2,933£2,933
Cashflow/mo	£327£327
Cashflow/yr	£3,919£3,919
ROI	2%2%
Gross Yield	7%7%

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Property History

Listed for £540,000

October 3, 2024

Sold for £335,000

2008

Sold for £180,000

2002

Floor Plans

Description

Ideal Home or Investment +
Spacious House +
Currently Licensed as HMO +
Studio flat / Annex +
Large Kitchen +
Three Bathrooms +
Modern Finish +
Double Garage +
No Chain +
Freehold +

Discover this Fantastic SEMI- DETACHED Family Home or Investment Opportunity house in South Croydon!

This spacious house currently licensed as HMO property offers an excellent rental yield and is perfect for investors looking to expand their portfolio or use it as family base, located near transport links, shops and great schools. The property consist of 2 reception rooms, 3 bedrooms, 2 bathrooms and W.c's or 5 HMO rooms with extra studio flat/ annex for added rental income and a large double garage for additional storage space.

Call Martin& Co to view it now!

Agent Details

Martin & Co, Croydon

020 8688 8565

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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