Chatsworth Road, Croydon, CR0 1HE
£1,100,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Semi-detached
0 sq ft
6 Bedrooms
1 Bathroom
Freehold
Overview
Sq Footage TBC - No official measurements. This six-bedroom HMO in Croydon presents a strong investment opportunity with a gross yield of 8.2% and a net yield of 8.18%. Currently vacant, the property has planning approval for a six-bedroom HMO accommodating up to 11 occupants under the Sui Generis use class. Estimated rental income stands at £7,500 per month, with tenants covering their own bills. Potential exists to create a seventh bedroom by reconfiguring the top floor or extending the basement to add further rooms or a separate flat. Situated in a prime location with high rental demand, this freehold property offers excellent long-term income potential.
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