Parchmore Road, Thornton Heath, CR7

The property is an excellent investment opportunity, particularly for landlords seeking a reliable and profitable HMO. Located in Thornton Heath, the property offers a ground floor with a spacious en-suite room, perfect for professionals or long-term tenants. There is also a rear studio that is fully self-contained, providing privacy and comfort for up to two occupants. These living spaces offer an ideal setup for tenants looking for convenience and independence within a well-maintained building.

The communal areas are designed with modern living in mind, featuring a large kitchen/diner that is fully equipped and provides ample space for tenants to prepare meals and socialise. To enhance security and control, the property is fitted with an intercom door entry system, allowing tenants to manage access to the building. CCTV surveillance has been installed in key communal areas to provide an extra layer of security, giving tenants peace of mind. Additionally, a WiFi booster ensures strong internet connectivity throughout the property, while emergency lighting and smoke alarms are installed in all communal areas and bedrooms to ensure safety and compliance with regulations. The kitchen is equipped with heat and smoke alarms, further ensuring full fire safety compliance.

For investors, the property offers a promising return on investment. The projected monthly rental income ranges between £4,700 and £5,000, and the total annual rental yield is estimated at approximately 8.7% to 9.2%, based on the guide price. With an asking price of £650,000, this property offers a strong return for those looking to invest in a high-demand area.

Thornton Heath is a prime location with a strong tenant demand, ensuring high occupancy rates. The property is fully licensed and compliant, so there is no need for additional paperwork or delays before renting it out. The area benefits from excellent transport links, with Thornton Heath Station just 10 minutes away, and Norbury train station 15 minutes away, providing easy access to Central London, Croydon, and Gatwick Airport. This makes the property highly attractive to professionals and commuters. Furthermore, the property requires minimal additional investment as it is already fully operational with modern fixtures and fittings, ready for immediate tenanting.

This is an exceptional opportunity for both new and experienced landlords looking to expand their portfolios with a high-demand, well-maintained, and profitable HMO. With its prime location, strong rental potential, and high-quality amenities, this property is an investment that is sure to yield long-term returns.

Entrance hall


Bedroom one
11' 8" x 14' 1" (3.56m x 4.29m)

Kitchen
10' 11" x 17' 7" (3.33m x 5.36m)

Bedroom two (studio 1)
11' 7" x 17' 4" (3.53m x 5.28m)

Shower room (studio 1)
4' 8" x 72' 8" (1.42m x 22.15m)

Bedroom three
10' 6" x 14' 6" (3.20m x 4.42m)

Bedrroom three en-suite
3' 6" x 9' 3" (1.07m x 2.82m)

Shower room two
3' 11" x 6' 4" (1.19m x 1.93m)

Bedroom four (studio 2)
7' 7" x 17' 10" (2.31m x 5.44m)

Kitchen (studio 2)
5' 11" x 7' 10" (1.80m x 2.39m)

Shower room (studio 2)
5' 9" x 5' 11" (1.75m x 1.80m)

Garden
24' 10" x 72' 8" (7.57m x 22.15m)