1 Abbey Road, Croydon, Surrey, CR0 1RU
- Unconditional Online Sale
- Offers in Excess of : £535,000
- Bedrooms: 6
- Bathrooms: 3
Fully Licensed 6-Bed 3-Bath HMO (2 Ensuites) | £56,460 Annual Income | 10.55% Gross Yield | Prime Croydon Location | Near Central London & Employers | Professional Tenants | Strong Rail & Tram Links
Description
This well-presented, fully compliant 6-bedroom HMO offers a compelling investment opportunity in a prime Croydon location. The property features three bathrooms, including two ensuites, an additional WC, and benefits from off-street parking for 1–2 vehicles. Fully tenanted by working professionals, the property generates £56,460 in annual rental income, delivering a strong gross yield of 10.55% with stable occupancy and dependable cash flow. The majority of tenancies are also supported by rent guarantee insurance, providing an additional layer of income security for the incoming investor.
Ideally positioned close to major employers, retail centres, local amenities, and Central London, the property benefits from consistently strong demand from professional tenants. Excellent rail and tram connections provide convenient access into Central London and across the wider region, further enhancing its commuter appeal. Supported by ongoing town centre regeneration, housing development, and infrastructure investment, this asset represents a resilient, income-generating opportunity with attractive long-term growth potential in one of South London’s most established and well-connected rental markets.
Income Breakdown (Monthly)
| Room 1: £730 |
| Room 2: £785 |
| Room 3: £655 |
| Room 4: £790 |
| Room 5: £830 |
| Room 6: £915 |
| Total Monthly Income: £4,705.00 |
| Total Annual Income: £56,460.00 |
Expenditure Breakdown (Monthly):
| Gas and Electric: £258 |
| Water: £70 |
| Council Tax: £193 |
| TV Licence: £15 |
| Broadband: £53 |
| Cleaner: £70 |
| Management: Self-managed |
| Maintenance reserve: £154 |
| Insurance: £25 |
| Total Monthly Expenditure: £838.00 |
| Total Annual Expenditure: £10,056.00 |
Investment Performance:
| Net Annual Income: £46,404.00 |
| Gross Yield: 10.55% |
| Net Yield: 8.67% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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Financing
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