Industrial for sale

Garendon Gardens, Morden, London SM4

** 9.3% Yield ** Income producing 6 room HMO investment for sale located close to St Hellier Hospital.
The house is in good order and popular with tenants.

Description

Extended end of terrace house converted to create a six room HMO with communal kitchen / dining room.
4 of the rooms have en suites with the remaining 2 sharing a bathroom.

The current income is £4,650 pcm (£55,800 pa) Gross
Landlord responsible for all services and council tax

Location

Situated within a quiet residential cul-de-sac, this property offers excellent connectivity for commuters. St Helier station (Thameslink) is a 10-minute walk, with direct trains to London Bridge and Blackfriars. Morden Underground (Northern line, Zone 4) is a short distance away, giving direct access to Waterloo, Bank, and King's Cross without a change - and as the line's southern terminus, tenants always board at the first stop.

St Helier Hospital is approximately 2 miles away making this a natural choice for nhs staff & commuters - a stable, high-demand tenant demographic. The Nelson Health Centre is also easily accessible,

For investors, SM4 offers good rental yields at price points significantly below neighbouring Wimbledon and Raynes Park - with strong, consistent tenant demand across professionals, and healthcare workers

Terms

Offers in excess of £600,000 are invited

Viewings

Contact sole agents csj on