6-bedroom detached house · CR8 2NP
Listing removedListed 11 daysAuction 12 Sep · ended
Opportunity summary
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About
Guide Price = £460,000-£610,000 **For Sale By Online Auction To inspect the legal documents for this property go to our website to download the legal pack** 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.
8 Week Completion Available or Earlier if Required Tenure Freehold Description The property comprises a six bedroom detached house arranged over ground and first floors.
The property requires a program of refurbishment.
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.
Tenancy The property is subject to individual tenancies producing a combined rent of £4,124 per calendar month.
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 permitted development.
Buyers should rely on their own enquiries with regards to these plans. EPC Rating E Viewing Schedule (No Booking Required)
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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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