- 5 ROOM | 3 BATHROOM HMO +
- FREEHOLD +
- INVESMENT OPPORTUNITY +
- INCOME PRODUCING ASSET +
- HMO LICENCE IN PLACE - Licence No. LN/ +
- INCOME - £3600 PCM (Increasing to £4150 PCM in June 2025) +
- READY MADE HMO OPPORTUNITY +
The property at 48 Winlaton Road, Bromley, BR1 5PZ holds an active Mandatory HMO Licence under Licence No. LN/ , granted by the London
Borough of Lewisham. This licence permits occupation by up to 4 tenants across six separate households. The licence, which came into effect on August 23, 2020, is valid for five years, subject to compliance with all conditions outlined by the council.
48 Winlaton Road is located within an Article 4 Direction area in the London Borough of Bromley, which restricts the conversion of single-dwelling properties into C4 HMOs (small HMOs for 3–6 occupants) without explicit planning permission. However, as this property already holds a fully approved Mandatory HMO Licence, it retains significant commercial value and rental potential currently at £3600 a month (£43,200 a year) increasing to £4150 in June 2025, (£49,800 a year).
Current costs to run this property are at circa - £1,867.00 per year (insurance). All bills are paid by the tenant.
Due to limited new HMO approvals in the borough, demand for existing licensed HMOs has increased, leading to higher property valuations and rental yields. The established 5-bedroom HMO status positions it as a high-value asset in a regulated market, offering investors a secured rental income stream with long-term appreciation potential.
For more information please contact Joe Mourat at our Bromley Branch.