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See how verdicts work6-bedroom detached house · CR8 2NP
Listing removedListed 27 daysAuction 7 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Six Bedroom Fully Licensed HMO Let Producing £49,488 Per Annum. Offered With Planning Permission to Extend and Convert the Property into Two Houses.
Plans have been Submitted to Convert into a Ten Room HMO. Additional Plans have Been Drawn up for the Property to be Extended and to Create a Thirteen Room HMO.
The property comprises a six bedroom detached house arranged over ground and first floors. The property requires a program of refurbishment.
Tenure
Freehold
8 Week Completion Available or Earlier if Required
Accommodation
Ground Floor
Two Letting Rooms Diner Kitchen WC
First Floor
Four Letting Rooms (One with En-Suite) Bathroom Separate WC
Exterior
The property benefits from a garage, a rear garden and off street parking.
Planning
Croydon Borough Council granted: (ref: 24/03393/FUL) on 12/09/2025 : ' Erection of single storey rear extension and rear dormer loft extension to facilitate the conversion of the existing dwellinghouse into 2 self-contained homes, with sub-division of rear garden, associated landscaping and provision of car parking, cycle and refuse storage.
The following planning application has been submitted to convert the property into a ten room HMO. A decision for this application is pending.
Auction House London make no representations or warranties with regard to this scheme and/or the validity of the aforementioned application.
Buyers must rely on their own enquiries with regard to any development potential, permissions required and previous planning history in respect of this site.
Additional plans have been drawn up (but not submitted) for the property to be converted into a 13 room HMO involving an 8m rear extension under prior approval and first floor rear and loft extension under permit
Proposed Accommodation
House 1
Ground Floor
Through Reception Room Kitchen Study Room WC
First Floor
Three Bedrooms (One with En-Suite) Bathroom
House 2
Ground Floor
Through Reception Room Kitchen Study Room WC
First Floor
Three Bedrooms (One with En-Suite) Bathroom
Tenancy
The property is subject to individual tenancies producing a combined rent of £4,124 per calendar month.
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 30 Wyvern Road, Purley, Surrey, CR8 2NP
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