Mickleham Road, Orpington

GUIDE PRICE £600,000 - £650,000

Haart Orpington are delighted to offer for sale this unique and highly versatile investment opportunity, currently configured as a House in Multiple Occupation (HMO) comprising five self-contained units and already generating rental income.

Situated in the heart of St. Paul's Cray, this property represents an excellent opportunity for an investor seeking an established income-producing asset, with the benefit of existing accommodation and further potential to enhance the property, subject to the necessary planning permissions and consents.

The property has been adapted from its original three-bedroom residential configuration to provide five self-contained units, offering considerable flexibility and making it particularly suited to the investment market. Each unit benefits from its own facilities, providing tenants with a greater degree of privacy and independence.

The original accommodation provides a spacious living room with laminate flooring, a fitted kitchen with tiled flooring, electric hob and oven, together with a large centrally heated conservatory. There are two double bedrooms and a further single bedroom, alongside a bathroom fitted with a three-piece suite and two showers.

Externally, the property benefits from a good-sized rear garden, incorporating a patio area, paved section and a generous lawn, providing useful outdoor space. The property also benefits from on-street parking.

A further attraction is the potential for additional development, with extension possibilities having previously been granted, subject to the relevant planning position and any necessary consents being confirmed by the purchaser.

The property is being offered for sale as an investment opportunity, with income already being generated, providing a purchaser with the potential to acquire an established rental asset rather than starting from an entirely vacant position.

A floorplan is available upon request and is recommended for any prospective purchaser wishing to fully understand the current configuration and layout of the five self-contained units.

Located in St. Paul's Cray, the property is well placed for local shops, amenities, schools and transport links, whilst the wider Bromley and Orpington areas are within easy reach.

This is a particularly interesting opportunity for landlords and investors looking for a property with multiple income streams, existing rental income and scope for further enhancement. Early enquiries are highly recommended.

Prospective purchasers should satisfy themselves regarding the property's HMO licensing, planning status, permitted use, rental income, tenancy arrangements and any relevant regulatory requirements prior to purchase.