The property consists of a six bedroom detached house that is currently a fully licensed HMO generating an income of £49,488 per annum. This property is offered with planning permission to convert it into two separate homes, which has the potential to create significant value. Recent plans have been submitted to convert it into a ten-room HMO while additional concepts for a thirteen-room layout are available.

• Detached House
• 6 Bedrooms
• Tenure: Freehold
• Unconditional (Immediate Exchange)
• Overall condition requires refurbishment
• Garage and rear garden
• Off street parking available

This property is an excellent investment opportunity, particularly for those looking at rental yields. The location of Purley offers good transport links and is in a well-regarded residential area, making it appealing for future tenants.