Gilsland Road, Thornton Heath, Surrey

6 3 1

£500,000 Auction Guide Price House of multiple occupation for sale
EXTERNAL FRONT IMG_2701.JPG IMG_2697.JPG IMG_5242.JPG _D7C8058 IMG_5235.JPG IMG_5239.JPG 33fd0762-8024-4fe3-9d63-2665b69a7150 88b03b1e-3ce4-46a6-a597-9d28952d8616 7ab1c32d-d1b5-4c1d-9683-146b6ba83852 IMG_5241.JPG 39a73e17-43ab-48fa-adff-9d1e65359354 9fcf9e39-5932-4cdb-bf01-d1d831f10683 e721b520-b1ac-4660-a5a1-a083815a2f12 0300e411-2d8e-4996-8068-927506c866ef _D7C8089 aa8f7284-37fc-4cba-8b59-9ec1c2492ca4 76322922-ac51-406e-a2f8-e3fe23414f05 IMG_5238.JPG IMG_5243.JPG IMG_5240.JPG _D7C8076 EXTERNAL REAR.JPG Video

Description

A fully tenant six bedroom, three bathroom HMO let to working professionals producing £56,813.40 per annum

For sale by unconditional online auction on the 3rd June 2026

Registration is now open, bidding opens on 3rd June 2026

Situated on the well-connected Gilsland Road in Thornton Heath, the property provides direct routes to Croydon town centre, St George’s Hospital, and central London. Set within a popular rental area, it is close to a range of local amenities including shops, schools, and parks. Direct rail links to London, easy access to the M25 and wider regional routes enhances its commuter appeal.

Transport links are provided by both Thornton Heath and Norbury Rail Stations.

Gross Yield: 9.47%

Income Breakdown (Monthly):
Room 1: £780.00 Room 2: £795.00 Room 3: £780.00 Room 4: £695.00 Room 5: £845.00 Room 6: £839.45 Total Monthly Income: £4,734.45 Total Annual Income: £56,813.40
Expenditure Breakdown (Monthly):
Gas: £115.82 Electric: £115.82 Water: £103.84 Council Tax: £204.20 TV License: £12.83 Broadband: £34.00 Cleaner: £38.00 Management: £473.00 Total Monthly Expenditure: £1,097.51 Total Annual Expenditure: £13,170.12
Investment Performance:
Net Annual Income: £43,643.28 Gross Yield: 9.47% Net Yield: 7.27%
HMO Compliance
- HMO Licence - Certificate of Lawful Development - EICR - Fire Risk Assessment - Emergency Lighting Test - Fire Alarm Test Certificate - Gas Safety Certificate Copies of these documents can be found within the legal pack
Auction Information
To view the full auction information, click the Register to Bid button on this advert or visit hmox.co.uk.
Legal Pack
A legal pack is a collaboration of important documents on the property that is going to be sold at auction. To review the legal pack, click the View Legal Pack button on this advert or visit hmox.co.uk
Reference: XFG-89591020

Area Description

No area description is available for this property.

Additional Details

  • Bedrooms: 6 Bedrooms
  • Bathrooms: 3 Bathrooms
  • Receptions: 1 Reception
  • Ensuites: 1 Ensuite
  • Kitchens: 1 Kitchen
  • Dining Rooms: 1 Dining Room
  • Tenure: Freehold
  • Rights and Easements: Article 4 Area
  • Risks: Ask Agent

Additional Features

  • Accessibility - Not Suitable for Wheelchair Users
  • Investment Opportunity
  • Auction

Broadband Speeds

  • Download: 15mbps - 5000mbps
  • Upload: 1mbps - 5000mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

Screenshot 2026-01-21 185701 Energy Efficiency Chart

Videos

Features

  • Auction date: 3rd June2026 - Please note you need to register to bid
  • • Freehold semi-detached house
  • • 6 bedrooms and 3 bathrooms
  • • Communal kitchen and dining space
  • • Benefits from a rear garden with bike storage
  • • Impressive gross yield of 11.3% on guide
  • • Fully managed HMO in a prime article 4 location
  • • Benefits from a Certificate of Lawfulness
  • • Current rental income of £4,734.45 per month / £56,813.40 per annum

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.

Powered by Apex27
You don't have permission to register