HMO For Sale in London, SW16

This property is marketed by:
Whozoo

Key Features

• Fully licensed four-bedroom HMO, each with private ensuite facilities
• Strong rental income of approximately £51,900 per annum
• Attractive yields – 8.65% gross / c. 7.41% net after costs
• Low operating expenses of around £4,800 per annum
• Long lease of approximately 140 years remaining
• Prime Streatham location – close to local amenities and transport links
• Floor area: 1,249 sq. ft. (116 sq. m.)

An excellent opportunity to acquire a well-let property in the heart of Streatham, comprising a fully licensed four-bedroom HMO, each with ensuite facilities. The property includes a shared communal kitchen and generates a strong gross income of approximately £51,900 per annum. With modest operating costs of around £4,800 per annum, the investment reflects an attractive 8.65% gross yield (approximately 7.41% net yield after operating and acquisition costs).

Held under a long lease of approximately 140 years, the property offers scope for value enhancement through a loft conversion (STP) to create an additional unit or improved amenity space. Located within the Streatham Common Conservation Area, recent precedents for dormer extensions to neighbouring properties suggest potential for similar approvals.

Location

Prominently positioned on Streatham High Road - one of South London’s busiest and best-connected routes. The area offers excellent amenities including cafés, gyms, supermarkets, and independent shops, with Streatham Common and The Rookery Gardens nearby.

Transport

Streatham Common Station (0.3 miles) provides direct services to London Victoria and London Bridge in 25min. Streatham Station (0.5 mi) and Norbury Station (0.8 mi) offer further fast connections, while numerous bus routes link to Brixton (Victoria Line), Croydon, and Tooting.

Opportunity

A turnkey, income-producing HMO with strong yields and scope to increase value through loft conversion (STP), supported by recent local planning precedents within the conservation area.