Summary - 348 BRIGHTON ROAD SOUTH CROYDON CR2 6AJ
1 bed 1 bath House of Multiple Occupation
**Key Features:**
- Six-bedroom semi-detached house totaling approximately 1,485 sq ft (138 sq m).
- High-standard interiors with rooms 1 to 4 featuring en-suite bathrooms.
- Valid HMO license for 6 persons valid until March 2029.
- Gross rental income potential of £72,000 per annum.
- Possible conversion of the rear garden building into a single dwelling or self-contained flats (subject to consents).
- Located near Purley town center and within walking distance of Purley Oaks railway station.
- Offered with vacant possession at £700,000.
This spacious six-bedroom semi-detached house on Brighton Road offers an excellent investment opportunity with its current arrangement as a House in Multiple Occupation (HMO). Featuring a high-quality finish with en-suite bathrooms for four bedrooms and shared facilities, it is well-equipped for comfortable living. Positioned in a vibrant urban area, it provides excellent access to amenities and transport links, making it attractive to potential tenants.
With the added potential to convert an outbuilding into additional dwellings, the property presents future growth opportunities. While the neighborhood is calm and suburban, the average crime rate and nearby schools, known for their good ratings, make it family-friendly as well. Priced competitively at £700,000, this property offers both immediate rental income and long-term value; given the high demand for quality housing in this desirable location, it's a unique opportunity not to be missed.
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