Overview
Description
This end-of-terrace property, operating as a fully tenanted House in Multiple Occupation (HMO), offers an attractive financial investment opportunity. With a stable income of £144,000 annually, this investment showcases a strong occupancy rate of 100%, reflecting high demand in the rental market. The property is well-managed with professional tenants on Assured Shorthold Tenancy (AST) agreements, ensuring consistent rental returns. Current operating costs, including management and utilities, total approximately £1,350 monthly, positioning this property for potential capital growth in the desirable Greater London area.
The property features 10 double ensuite bedrooms, all fully let, providing a robust setup for multi-tenant living. Each bedroom is spacious, contributing to a comfortable living experience. There is a shared kitchen and dining area designed to promote community among tenants, alongside essential amenities like Netflix, a cinema space, and full wheelchair accessibility. This three-storey brick and tile construction benefits from gas central heating and double glazing throughout, ensuring a good standard of comfort and energy efficiency. Although there's no off-road parking or garden area, the property remains strategically located to appeal to the professional tenant market.
Situated in Greater London, the property enjoys a prime location with excellent transport links, enhancing its appeal. The surrounding area is known for a vibrant community atmosphere and proximity to numerous amenities, catering to professionals seeking convenience and accessibility. The presence of CCTV and Wi-Fi-enabled heating adds to the property's attractiveness, ensuring a secure and modern living environment for tenants. With a strong rental demand, this property represents an outstanding opportunity for savvy investors looking to secure a reliable income stream.
Highlights
Financials
Mortgage
Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.
This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.
Property
Management
Management Notes
HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.
Rentals
Operating Costs
HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.
HMO Licensing
Floorplans
Floorplans will be available soon
Virtual Tour
Virtual tour will be available soon
Contact us to arrange a viewing
Map
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