£600,000
(£480.38/sq. ft)
Property for sale444C Streatham High Road, Lambeth, London SW16
1,249 sq. ft
Leasehold
About this property
Fully licensed four-bedroom HMO, each with private ensuite facilities
Strong rental income of approximately £51,900 per annum
Attractive yields – 8.65% gross / c. 7.41% net after costs
Low operating expenses of around £4,800 per annum
Long lease of approximately 140 years remaining
Prime Streatham location – close to local amenities and transport links
An excellent opportunity to acquire a well-let property in the heart of Streatham, comprising a fully licensed four-bedroom HMO, each with ensuite facilities. The property includes a shared communal kitchen and generates a strong gross income of approximately £51,900 per annum. With modest operating costs of around £4,800 per annum, the investment reflects an attractive 8.65% gross yield (approximately 7.41% net yield after operating and acquisition costs).
Held under a long lease of approximately 140 years, the property offers scope for value enhancement through a loft conversion (STP) to create an additional unit or improved amenity space. Located within the Streatham Common Conservation Area, recent precedents for dormer extensions to neighbouring properties suggest potential for similar approvals.
Location
Prominently positioned on Streatham High Road - one of South London’s busiest and best-connected routes. The area offers excellent amenities including cafés, gyms, supermarkets, and independent shops, with Streatham Common and The Rookery Gardens nearby.
Transport
Streatham Common Station (0.3 miles) provides direct services to London Victoria and London Bridge in 25min. Streatham Station (0.5 mi) and Norbury Station (0.8 mi) offer further fast connections, while numerous bus routes link to Brixton (Victoria Line), Croydon, and Tooting.
Opportunity
A turnkey, income-producing HMO with strong yields and scope to increase value through loft conversion (STP), supported by recent local planning precedents within the conservation area.
Held under a long lease of approximately 140 years, the property offers scope for value enhancement through a loft conversion (STP) to create an additional unit or improved amenity space. Located within the Streatham Common Conservation Area, recent precedents for dormer extensions to neighbouring properties suggest potential for similar approvals.
Location
Prominently positioned on Streatham High Road - one of South London’s busiest and best-connected routes. The area offers excellent amenities including cafés, gyms, supermarkets, and independent shops, with Streatham Common and The Rookery Gardens nearby.
Transport
Streatham Common Station (0.3 miles) provides direct services to London Victoria and London Bridge in 25min. Streatham Station (0.5 mi) and Norbury Station (0.8 mi) offer further fast connections, while numerous bus routes link to Brixton (Victoria Line), Croydon, and Tooting.
Opportunity
A turnkey, income-producing HMO with strong yields and scope to increase value through loft conversion (STP), supported by recent local planning precedents within the conservation area.
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