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Back to search: Lewisham or Gibney Terrace

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5 bed Semi-Detached property

Available

For Sale

Listed Jul 16, 2025

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£675,000

Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

The property at 48 Winlaton Road, Bromley, BR1 5PZ holds an active Mandatory HMO Licence under Licence No. LN , granted by the London

Borough 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.