* Freehold
* Leased To A Supported Living Provider
* Newly Refurbished To A High Standard
* Latest Boiler Installation
* Dual Facility Kitchen
* High Standard Sound Insulation
* Open Plan Kitchen Dining Area
* Gross/Net Income £78, 000 pa
* Gross/Net Yield 8. 21%
* 2% Plus Vat Buyer's Fee
Presenting to the market this freshly refurbished 8 bed HMO in Croydon. Split
across 3 floors, the property includes 5 ensuite rooms and 2 additional shared
shower rooms. The property has been meticulously designed by an in - house
interior designer who specialises in designing HMO rooms, with comfort and
functionality in mind. The property includes a kitchen and lounge area, as
well as a garden and patio area to the rear of the property.
Some of the property highlights include the following:
Reconfigured, rewired and replumbed to provide a well - laid out, spacious
accommodation with high - quality furnishings that additionally gives function
and added storage throughout. The property includes a dual facility kitchen
for functional sharing, with fitted modernized kitchen cabinets and hard stone
work tops. A Wifi interlinked system is used to enhance internet connection on
all the rooms, with sound insulation set to a high standard. Installation of
the latest boiler with 350L tank to ensure sufficient water pressure and flow
to all bathrooms and kitchen.
The flooring is made of durable, hard - wearing and damp - proof luxury vinyl
tiles which has a lifetime of over 50 years. All bathrooms are fully tiled to
ensure high level of hygiene and prevent damp. Additional insulation has been
added to the external walls, underneath the floorboards and inside the cavity
walls to significantly improve the thermal efficiency of the property and
reduce bills. This include built - in furniture and wardrobes. In addition, the
open plan kitchen and dining area opens up to a low - maintenance paved garden
and offers a place of interaction and comfort to tenants.
The area offers a wide variety of amenities and leisure facilities in which to
choose. With excellent transport links, including train stations and tram
services, Croydon provides easy access to central London and other parts of
the city.
Income;
*This property has been leased to a supported living provider for £6500 per month. The rent is reviewed on an annual basis and the increase is linked to inflation.
Total £78, 000 pa
Expenditure;
*This Property has been leased to a supported living provider which cover their own bills and maintenance, thus the gross yield is the same as the net yield. *

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: