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Garendon Gardens, Morden, London SM4

£600,000

Overview

** 9.3% Yield ** Income producing 6 room HMO investment for sale located close to St Hellier Hospital.
The house has recently undergone refurbishment works and is popular with tenants.

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    Description
    Extended end of terrace house refurbished and 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 020 8296 1273

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