Summary - 9 ELTHAM HILL LONDON SE9 5SY
4 bed 1 bath Semi-Detached
Strong rental yield with HMO potential near schools and transport.
Four bedrooms across two floors, flexible room use
A spacious four-bedroom semi-detached home on Eltham Hill presented as a buy-to-let investment. The property spans roughly 1,250 sq ft over two floors, with a private garden and driveway; currently let at £1,500 PCM with market rent potential up to £2,300 PCM. There is scope to increase income and a possibility for HMO conversion subject to planning permission.
The layout offers flexible room use: two ground-floor rooms suitable as bedrooms or offices, a large rear reception room, dining area and kitchen, plus three bedrooms upstairs served by one bathroom and a separate WC. Heating is mains gas with a boiler and radiators. The house dates from the early 20th century and shows signs of ageing externally and internally, making it better suited to investors comfortable with refurbishment.
Notable negatives are straightforward: the property is marketed for buy-to-let purchasers only, sits in an area with above-average crime and higher deprivation, and requires cosmetic and likely external renovation. There is only one main bathroom for four bedrooms, and any HMO change would need planning consent. These factors should be weighed against rental yield and conversion potential.
For investors seeking a near-term income stream and medium-term value uplift, this property offers a clear operational rental and conversion play. Proximity to several well-rated primary and secondary schools, good transport links, fast broadband and excellent mobile signal support tenant demand, while the drive and garden add residential appeal.
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