5 Bed For Sale
A spacious four-bedroom maisonette currently operating as a 5 bed HMO and achieving £3,800 pcm with the potential to achieve £5,000 pcm, offering an attractive investment opportunity with an approximate 7.9% gross yield. Alternatively, the property could make a fantastic and spacious family home, offering excellent value for money for the area.
Set across the ground and first floors, this substantial four-bedroom maisonette offers approximately 1,059 sq ft of well-proportioned accommodation, together with a private rear garden.
Currently arranged and operating as an HMO, the property is achieving approximately £3,800 per calendar month, providing an attractive income stream for investors. Based on the asking price of £575,000, this equates to an approximate 7.9% gross annual yield, before associated costs, however current market value rent would be in the region of £5,000 pcm with the potential to push the yield to 10.4%.
The property also offers genuine flexibility for those looking to purchase as a home. With four bedrooms, a separate reception room, a good-sized kitchen/dining room, family bathroom and private rear garden, there is plenty of space for a growing family and considerably more accommodation than many properties available at a similar price point.
The separate reception room is a good-sized and versatile space, providing a comfortable area for relaxing or entertaining. To the rear, the kitchen/dining room features a range of fitted wall and base units, generous worktop space and room for a dining table. The kitchen also provides direct access to the rear garden, making the layout particularly practical for everyday living.
There are four bedrooms in total, with the accommodation arranged over two floors. The bedrooms are well proportioned and currently lend themselves well to the property's HMO configuration, while the layout could equally work for family occupation.
One of the property's particularly useful features is the private rear garden, providing valuable outdoor space that is increasingly sought after in this part of South London. It offers plenty of room for outdoor seating, entertaining or family use.
Investment Opportunity
For investors, Sedgmoor Place provides the opportunity to acquire an established four-bedroom HMO producing £3,800 pcm, with the current income representing an approximate 7.9% gross yield against the £575,000 asking price, with the potential for the rent to reach £5,000 pcm and a yield of 10.4%
For buyers looking for a home rather than an investment, the property offers something slightly different — a large four-bedroom maisonette with its own garden, providing generous living accommodation and excellent potential to create a comfortable family home.
Location
Situated in the SE5 area, Sedgmoor Place is well positioned for access to the amenities and transport links of Camberwell, Peckham and surrounding areas.
The property is well served by local bus routes, while Denmark Hill and Peckham Rye stations provide convenient rail connections for commuters travelling across London.
There is a good selection of local shops, cafés, restaurants and everyday amenities within the surrounding area, with the wider Camberwell and Peckham areas offering an increasingly popular mix of independent businesses and established amenities.
If this property has caught your eye, why not get in touch today.
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