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Cheam Road, Sutton, SM1

PROPERTY TYPE

Detached

BEDROOMS

9

BATHROOMS

3

SIZE

28,524 sq ft

2,650 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Licensed 9-Bedroom HMO
  • Substantial Detached Property
  • Large Communal Kitchen & Living Room
  • Double Garage/Workshop
  • Ample Off-Street Parking
  • Excellent Sutton Town Centre & Station Location

Description

Investment Opportunity - Licensed 9-Bedroom HMO on Cheam Road, Sutton

Located on the highly regarded Cheam Road in Sutton, this substantial detached property presents an excellent investment opportunity, currently operating as a fully licensed House in Multiple Occupation (HMO) with nine lettable rooms.

The property is arranged over three floors and offers spacious, well-configured accommodation designed to meet the needs of professional tenants. The ground floor comprises a large communal living room, a generous shared kitchen, bathroom facilities and several bedrooms. The upper floors provide additional well-proportioned bedrooms together with further bathroom and WC facilities, offering practical and comfortable accommodation for multiple occupants.

The top floor can be used as a self-contained living area, comprising a bedroom, living room, kitchen and bathroom. It has its own private entrance and separate gas and electricity meters, providing independent accommodation and utilities.

Externally, the property benefits from ample off-street parking to the front and a substantial rear garden, providing valuable outdoor space for residents.

The property is currently operated as a licensed HMO and offers purchasers the opportunity to acquire an established investment with ongoing income potential. Subject to the necessary consents, the property may also appeal to buyers seeking a sizeable family home in a desirable location.

Cheam Road is one of Sutton's principal residential roads, conveniently positioned for Sutton town centre, offering an extensive range of shopping, leisure and dining facilities. Sutton Station provides regular rail services into Central London, whilst nearby transport links ensure easy access to surrounding areas. The property is also well situated for a number of highly regarded schools, parks and open spaces, further enhancing its long-term appeal to both tenants and owner-occupiers.

This rarely available property combines substantial accommodation, strong investment credentials and a highly convenient location, making it an attractive proposition for investors and developers alike.

BUYERS INFORMATION

We are required by law to conduct anti-money laundering checks on all those buying a property. These initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £79 (incl. VAT), which includes a £27 referral/review fee to Rosindale Pavitt, which covers the cost of obtaining relevant data, any manual checks and monitoring which might be required. This fee will need to be paid by you and successfully carried out in advance of us issuing a memorandum of sale, directly to Lifetime Legal, and is non-refundable.

Parking - Off street

Disclaimer

Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only. They have been prepared in good faith and they are not intended to constitute part of an offer of contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: F
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Cheam Road, Sutton, SM1

Approximate location

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Affordability

Monthly repayments£4,786
Property: £ 950,000
Deposit: £ 95,000
Interest rate: 5.37%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Rosindale Pavitt, Wallington

13 Woodcote Road, Wallington, SM6 0LH

Rosindale Pavitt are a family owned, independent estate agency with over 100 years combined experience in the industry. Our office is located along Wallington high street and yet we cover a wide area including Beddington, Carshalton, Cheam, Croydon, Hackbridge, Mitcham, Purley, Stoneleigh, Sutton, Waddon, Wallington & Worcester Park

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Disclaimer - Property reference 9b271134-e52f-4324-921c-67f5af2319f1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rosindale Pavitt, Wallington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.