6 bedroom house of multiple occupation for sale

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6 bedroom house of multiple occupation for sale

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.