Mickleham Road, Orpington

Property Details: • Type: Semi-Detached • Tenure: FREEHOLD • Floor Area: 947 sqft

Key Features: • Five Self-Contained Units • Established HMO Investment Opportunity • Rental Income Already Being Generated • Large Rear Garden • Further Extension Potential, Subject to Planning • Well Connected St. Paul's Cray Location

Location: • Nearest Station: St. Mary Cray Station • Distance to Station: 0.7380003853461338 miles

Agent Information: • Address: 306-308 High Street, Orpington, BR6 0NF

Full Description: GUIDE PRICE £600,000 - £650,000<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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.