8 Bed HMO, London, NW10 7BG, £1,100,000

Harold Road, London, NW10 7BG - 10 views - 2 months ago

HMO
ROI: 3%
~248 m²
+6 photos

ValuationUndervalued

Sold Prices£1.6M - £31.3M
Sold Prices/m²£5.3K/m² - £30.2K/m²

 

 

Square Metres

~248 m²
Price/m²£4.4K/m²

Value Estimate

£1,331,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£275,000

Stamp Duty & Legal Fees

£85,450

Total Cash In

£360,450

 

 

Cash Out

 

Room Rate

£875

Gross Rent

£7,000

Running Costs/mo

£6,021

Cashflow/mo

£979

Cashflow/yr

£11,745

ROI

3%

Gross Yield

8%

Local Sold Prices

12 sold prices from £1.6M to £31.3M, average is £2.8M. £5.3K/m² to £30.2K/m², average is £7.8K/m².

PriceDateDistanceAddressBeds 
£1.6M06/211.48 mi58, Donnington Road, London, Greater London NW10 3QU8
£2.3M11/221.95 mi29, Kings Road, London, Greater London W5 2SD8
£2.8M12/222.04 mi18, Mount Park Road, London, Greater London W5 2RS8
£3.9M08/222.2 mi17, Mount Avenue, London, Greater London W5 1QB8
£2.8M05/212.22 mi111, Grange Road, London, Greater London W5 3PH8
£2.9M12/212.23 mi9, Coverdale Road, London, Greater London NW2 4DB8
£2.5M10/222.38 mi30, Gordon Road, London, Greater London W5 2AH8
£3.3M09/212.48 miIngleside, Edgehill Road, London, Greater London W13 8HW8
£2.8M04/212.81 mi132, Addison Gardens, London, Greater London W14 0DS8
£30.0M03/222.9 mi11, Holland Villas Road, London, Greater London W14 8BT8
£3.1M06/212.94 mi119, Elgin Avenue, London, Greater London W9 2NR8
£31.3M05/232.99 mi2, Holland Villas Road, London, Greater London W14 8BP8

Local Area Statistics

Population in NW10

91,820

Population in London

4,771,921

Town centre distance

6.65 miles away

Nearest school

0.40 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £1,100,000

February 10, 2025

Floor Plans

Description

  • 8 Double Bedrooms +
  • End Of Terrace With Parking +
  • 7 Bathrooms +
  • HMO Licence +
  • Over 2,500 Sq Ft +
  • Chain Free +

An extended and recently refurbished, chain free, 8 double bedroom, 7 bathroom, end of terrace HMO with off street parking for a number of cars. The accommodation is over 2,500 sq ft and benefits from underfloor heating in the entire ground floor, 6 of the double bedrooms boast en suites, current HMO licence (6 bedroom - max 10 people), 2 separate entrances, off street parking to the front and rear, 500 litre water tank, cctv, large kitchen / reception, utility area, boiler room and spacious workshop in the garden perfect for storage. There is an opportunity to apply for a new HMO licence and extend it to an 8 bedroom HMO to allow 8 households STPP. Harold Road is close to Harlesden station offering overground (Lioness line) and underground (Bakerloo line) services, Harlesden High Street, Central Middlesex Hospital and good bus and road networks.

Agent Details

Doyle Sales & Lettings, Hanwell

020 3907 2597

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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