Guide Price = **£500,000+

For Sale By Public Auction 10th December 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack

A Six Bedroom Detached House Fully Let Producing £49,488 Per Annum. Offered With Planning Permission to Extend and Convert the Property into Two Houses. (9.9% Yield on the Guide Price).

8 Week Completion Available

**Tenure
Freehold

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Roundshaw Park are within easy reach. Transport links are provided by Purley rail station.

Description
The property comprises a six bedroom detached house arranged over ground and first floors.

Accommodation
Ground Floor
Two Letting Rooms
Diner
Kitchen
WC

First Floor
Four Letting Rooms (One with En-Suite)
Bathroom
Separate WC

Exterior
The property benefits from a garage, a rear garden and off street parking.

Tenancy
The property is subject to individual tenancies producing a combined rent of £4,124 per calendar month.

Planning
Croydon Borough Council granted the following planning permission (ref: 24/03393/FUL) on 12th September 2025 : ' Erection of single storey rear extension and rear dormer loft extension to facilitate the conversion of the existing dwellinghouse into 2 self-contained homes, with sub-division of rear garden, associated landscaping and provision of car parking, cycle and refuse storage.

EPC Rating
E

Open House Viewings:
Viewing Schedule (No Booking Required)

Friday 28 November 10:45 - 11:15
Tuesday 2 December 10:45 - 11:15
Monday 8 December 10:45 - 11:15

Addendum
The vendor has advised that the buyer will have the option to purchase the property subject to vacant possession with completion taking place 28 days after vacant possession is obtained. There will be a long stop date of 6 months after the auction if the vendor has not obtained vacant possesion by then.