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6 bedroom house of multiple occupation for sale
Birdhurst Rise, South Croydon, Surrey, CR2
£800,000
Birdhurst Rise, South Croydon, Surrey, CR2
£800,000
Price History
Initial price | £849,950 |
19/09/24 | £825,000 |
26/09/24 | £800,000 |
Price Change | -5.88% |
Description
This is a freehold investment opportunity featuring a fully let property with three one-bedroom self-contained flats and a three-room House of Multiple Occupancy (HMO). The property currently generates a gross annual income of £68,400, representing an impressive gross annual yield of 8.55% at the asking price of £800,000. The property is freehold, with a HM Land Registry Title Number of SGL559995, and the garages at the rear of the plot are not included in the sale. This is an attractive investment opportunity for those looking to generate a steady income stream.