5 Self Contained Units HMO
Victoria Road, London, N18
REF 4376
-
INVESTMENT
£850,000
-
GROSS YIELD
9.29%
-
ANNUAL RENT
£78,948
For Sale
REF 4376
INVESTMENT
£850,000
GROSS YIELD
9.29%
ANNUAL RENT
£78,948
Prime Investment Opportunity: 5 Self-Contained Units in Victoria Road, London, N18
Located in the vibrant and highly sought-after area of London, N18, this mid-terrace HMO offers a lucrative investment with a gross annual rent of £76,800 and a yield of 9.04%. The property features five self-contained units, including 2 studios and 3 one-bedroom flats, all fully tenanted.
Key Features:
Prime Location: N18, encompassing areas like Edmonton, offers excellent access to public transport, shopping centers, and amenities. The area is known for its diverse community, good schools, parks, and a variety of dining and entertainment options. Proximity to the North Circular Road (A406) provides easy access to other parts of London and beyond.
Units: Each unit is well-maintained, with its own bathroom and kitchen facilities, ensuring tenant satisfaction and steady rental income.
Compliance: Fully compliant with HMO regulations, including a fire alarm system and wireless broadband, ensuring safety and convenience for tenants.
Financials: Freehold property with a net yield of 7.95%, making it an attractive investment for those seeking long-term returns.
Property Details:
Size: 1830 ft²
Bathrooms: 5
Heating: Gas central heating
EPC Rating: 61D
Parking: On-road
This property is a standout choice for investors looking to secure high returns in a dynamic part of London. With strong rental demand and excellent amenities nearby, this HMO is a hassle-free, income-generating asset. The ongoing development and regeneration projects in N18 further enhance its appeal and potential for capital growth.
*Based on 75% LTV 2.5% APR. Note. Always speak to a qualified HMO mortgage broker for an accurate quote. These rates are an example of the potential % APR rates only. Visit theHMOmortgagebroker.co.uk to find out the latest HMO mortgage rates.
The fee charged to the buyer in addition to the purchase price.
The deposit amount to secure the HMO opportunity. This is fully refundable in accordance with the terms & conditions (see FAQs) and is deducted from the purchasre price upon completion. In the case of this property, the reservation deposit is -- then the balance due on completion is £850,000.
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Current self managed where the owner is happy to give support during a handover period. Alternatively we have a number of agencies local ready to assist.
