The property at 48 Winlaton Road, Bromley, BR1 5PZ holds an active Mandatory HMO Licence under Licence No. LN/202000247, granted by the LondonBorough of Lewisham. This licence permits occupation by up to 4 tenants across six separate households. The licence, which came into effect on August 23, 2020, is valid for five years, subject to compliance with all conditions outlined by the council. 48 Winlaton Road is located within an Article 4 Direction area in the London Borough of Bromley, which restricts the conversion of single-dwelling properties into C4 HMOs (small HMOs for 3–6 occupants) without explicit planning permission. However, as this property already holds a fully approved Mandatory HMO Licence, it retains significant commercial value and rental potential currently at £3600 a month (£43,200 a year) increasing to £4150 in June 2025, (£49,800 a year). Current costs to run this property are at circa - £1,867.00 per year (insurance). All bills are paid by the tenant. Due to limited new HMO approvals in the borough, demand for existing licensed HMOs has increased, leading to higher property valuations and rental yields. The established 5-bedroom HMO status positions it as a high-value asset in a regulated market, offering investors a secured rental income stream with long-term appreciation potential. For more information please contact Joe Mourat at our Bromley Branch.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Capital Estate Agents - Bromley. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Capital Estate Agents - Bromley for full details and further information.