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Farquharson Road, CR0 2UH, Croydon, CR0

Offers in excess of Guide price £730,000

Building
bedroom 7
bathroom 0

Seven bedroom HMO for sale in West Croydon, currently let on seven AST's with an HMO license in place until 2025, generating £6,000 pcm.


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Offers in excess of Guide price £730,000

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020 7893 6060

Key features

  • For Sale via Foxtons Auctions - Prior Auction purchase available
  • 7 bedroom HMO
  • Great condition
  • Liscense running until 2025
  • Currently let on AST's
  • Generating £67,260pa

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Seven bedroom HMO for sale in West Croydon, currently let on seven AST's with an HMO license in place until 2025, generating £6,000 pcm. The property has been very well managed and maintained making it the perfect opportunity for investors looking for a straightforward income producing asset. There is an HMO license that was granted in 2020 and expired in september 2025. Each room is let out on AST's with five out of seven currently rolling and two agreements ending in 2025. Please enquire for more details.

Further details

  • Tenure:
    Freehold
  • Stamp Duty
    £24,000
  • Council tax:
    £2,893 per year (Band E)
  • Local authority:
    Croydon
  • Total Sq Ft:
    1,939 (180 Sq M) approx.
  • EWS1 Form:
    Not Available
  • Reference:
    13987520

Lease details, service charges, ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

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Mortgage

Calculations by Alexander Hall Mortgages

Nearest stations

West Croydon station
London Overground Southern Tram lines,

East Croydon station

Selhurst station
Zone: 4

Local Life

Farquharson Road is ideally situated a short distance from the local shops and eateries on London Road and is close to West Croydon station. A further range of amenities can be found in nearby Croydon Town Centre.

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