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6 South Norwood Hill, South Norwood, London
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Six-room HMO, South Norwood
6 South Norwood Hill, South Norwood, London
Withdrawn
• 6 Bedrooms
• Terraced House
• Freehold
• Fully let; subject to individual tenancies
• Current Rating D
Description
A Six Room Mid Terrace HMO Fully Let Producing £52,740 Per Annum
Accommodation
Ground Floor: Two Letting Rooms (One with En-Suite), Kitchen, Utility Room. First Floor: Two Letting Rooms, Kitchen, Bathroom, Separate WC. Second Floor: Two Letting Rooms.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of South Norwood Country Park are within easy reach. Transport links are provided by Norwood Junction overground station and rail station.
Tenure / Property Information
Tenure |
Freehold |
Occupancy |
Fully let; subject to individual tenancies |
EPC |
Current Rating D |
Services |
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. |
Investment Analysis
No current valuation evidence is supplied. The two sold comparables are historic (2006 and 2009) and insufficient to establish a present GDV. No guide price is provided.
Investment Snapshot
Estimated Monthly Rent |
£4,395 pcm |
Estimated Annual Rent |
£52,740 pa |
Strategy Recommendation
Prioritise income-led BTL assessment, subject to verification of the £52,740 rent, tenancy terms, HMO compliance and a suitable purchase price.
Works Required
No refurbishment works are evidenced. Verify condition, tenancy documentation and HMO compliance through inspection and the legal pack.
Rental & Market Context
HB Estimated Market Rent |
£4,395 pcm |
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
16, South Norwood Hill, London, Croydon, Se25 6ab |
£80,720 |
|
28, South Norwood Hill, London, London, Croydon, Se25 6ab |
£297,000 |
Potential BRRR Position
A BRRR assessment cannot be completed without a purchase price, refurbishment allowance, current valuation/GDV and finance assumptions. The stated income may support refinancing, but this is unverified.
Buy-to-Let Analysis
The property is fully let and stated to produce £52,740 per annum, equivalent to £4,395 pcm. Yield and affordability cannot be calculated because no guide or purchase price is supplied. Individual tenancy terms and the stated income should be verified.
Flip Analysis
A flip analysis is unsupported. No current GDV, purchase price, works budget or selling allowance is available, and the historic comparables do not establish present resale value.
Investor Risks & Due Diligence
• No guide price or current market valuation is supplied.
• The stated annual rent is not independently supported by external rental evidence.
• Individual tenancy terms and occupancy documentation require verification.
• Buyer premium is unspecified and additional legal-pack disbursements may apply.
• No condition or refurbishment information is provided.
Recommendation
Prioritise income-led BTL assessment, subject to verification of the £52,740 rent, tenancy terms, HMO compliance and a suitable purchase price.
Strategy Rating
HB Rating |
★★★☆☆ |
Analysis Confidence
Confidence |
Low-Medium |
Annual income, occupancy, property type and tenure are supplied, but guide price, current valuation, works, fees and tenancy evidence are incomplete.
Auction Details :
Auction House London
Auction Date :
11/11/26
Lot Number :
089
Property Location:
6 South Norwood Hill, South Norwood, London
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