7 Bed HMO, London, NW2 4ET, £1,950,000

76 Dartmouth Road, Mapesbury Estate, London, NW2 4HU, UK - a month ago

Under Offer
HMO
~217 m²
+3 photos

ValuationUndervalued

Sold Prices£712.5K - £22.0M
Sold Prices/m²£5.1K/m² - £41.3K/m²

 

 

Square Metres

~217 m²
Price/m²£9K/m²

Value Estimate

£2,398,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£487,500

Stamp Duty & Legal Fees

£204,950

Total Cash In

£692,450

 

 

Cash Out

 

Room Rate

£375

Gross Rent

£2,625

Running Costs/mo

£7,896

Cashflow/mo

£-5,271

Cashflow/yr

£-63,247

Gross Yield

2%

Local Sold Prices

45 sold prices from £712.5K to £22.0M, average is £4.8M. £5.1K/m² to £41.3K/m², average is £14K/m².

PriceDateDistanceAddressBeds 
£2.6M01/240.18 mi40, Teignmouth Road, London, Greater London NW2 4HN7
£1.9M01/240.25 mi83, Dartmouth Road, London, Greater London NW2 4ER7
£2.3M04/230.25 mi87, Dartmouth Road, London, Greater London NW2 4ER7
£2.2M08/230.25 mi95, Dartmouth Road, London, Greater London NW2 4ER7
£1.8M03/210.37 mi14, Manstone Road, London, Greater London NW2 3XG7
£2.1M12/200.47 mi48, Keyes Road, London, Greater London NW2 3XA7
£1.9M08/220.49 mi274, Willesden Lane, London, Greater London NW2 5RB7
£4.0M08/230.52 mi14, Aylestone Avenue, London, Greater London NW6 7AA7
£3.3M03/230.52 mi46, Aylestone Avenue, London, Greater London NW6 7AA7
£1.6M08/210.74 mi76, Melrose Avenue, London, Greater London NW2 4JT7
£4.9M07/230.82 mi21, Ranulf Road, London, Greater London NW2 2BT7
£4.7M04/220.82 mi1, Honeybourne Road, London, Greater London NW6 1HH7
£1.9M12/220.92 mi9, Rowdon Avenue, London, Greater London NW10 2AJ7
£3.9M08/220.95 mi8, Milman Road, London, Greater London NW6 6EN7
£4.1M06/230.99 mi20, Alvanley Gardens, London, Greater London NW6 1JD7
£4.1M11/211.01 mi49, Fairhazel Gardens, London, Greater London NW6 3QN7
£4.1M11/211.01 mi49, Fairhazel Gardens, London, Greater London NW6 3QN7
£10.8M02/231.03 mi30, Heath Drive, London, Greater London NW3 7SB7
£7.5M06/231.07 mi15, Oakhill Avenue, London, Greater London NW3 7RD7
£13.3M10/201.07 mi7, Greenaway Gardens, London, Greater London NW3 7DJ7
£7.3M01/211.12 mi19, Heath Drive, London, Greater London NW3 7SL7
£13.6M09/221.18 mi20, Redington Road, London, Greater London NW3 7RG7
£2.6M06/231.2 mi38, Platts Lane, London, Greater London NW3 7NT7
£4.5M09/221.21 mi18, West Heath Close, London, Greater London NW3 7NJ7
£5.5M07/231.26 mi18, Greville Place, London, Greater London NW6 5JH7
£12.8M06/211.31 mi93, Redington Road, London, Greater London NW3 7RR7
£9.8M07/211.42 mi138, Hamilton Terrace, London, Greater London NW8 9UX7
£9.8M07/211.42 mi138, Hamilton Terrace, London, Greater London NW8 9UX7
£4.8M11/221.49 mi124, West Heath Road, London, Greater London NW3 7TU7
£8.9M01/211.57 mi21, Lyndhurst Road, London, Greater London NW3 5NX7
£5.3M10/221.58 mi6, St John's Wood Park, London, Greater London NW8 6QS7
£9.0M10/211.58 mi2, Langford Place, London, Greater London NW8 0LL7
£18.4M02/221.64 mi98, Hamilton Terrace, London, Greater London NW8 9UP7
£6.3M01/231.65 mi16, Eldon Grove, London, Greater London NW3 5PT7
£6.5M01/241.65 mi3a, Loudoun Road, London, Greater London NW8 0LH7
£3.8M10/201.68 mi19, Rosslyn Hill, London, Greater London NW3 5UJ7
£6.3M04/211.78 mi23b, Grove End Road, London, Greater London NW8 9BP7
£6.3M04/211.79 mi23b, Grove End Road, London, Greater London NW8 9BP7
£2.8M05/221.81 mi60, Circus Road, London, Greater London NW8 9SE7
£12.3M06/211.84 mi30a, Acacia Road, London, Greater London NW8 6AS7
£712.5K10/201.84 mi97, Tanfield Avenue, London, Greater London NW2 7SB7
£12.3M06/211.84 mi30a, Acacia Road, London, Greater London NW8 6AS7
£22.0M01/221.88 mi35, Elsworthy Road, London, Greater London NW3 3BT7
£4.8M07/221.95 mi34, Townshend Road, London, Greater London NW8 6LE7
£3.8M05/231.96 mi21, Reynolds Close, London, Greater London NW11 7EA7

Local Area Statistics

Population in NW2

67,393

Population in London

4,771,921

Town centre distance

4.63 miles away

Nearest school

0.20 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+17%

Property History

Listed for £1,950,000

February 21, 2025

Floor Plans

Description

  • Excellent investment opportunity with £112,000 income per Annum +
  • 8 self contained flats with separate council taxes +
  • Newly renewed 5 year HMO license +
  • Situated on the Mapesbury Estate +
  • Close to local shops and all amenities +
  • Off Street parking +
  • southerly facing garden +
  • Excellent order throughout +
  • Viewings recommended +
  • More information available upon request +

Exceptional HMO Investment – 8 Self-Contained Flats in a Period Conversion Generating £112,000 Per Annum An outstanding opportunity to acquire this impressive red-brick detached period conversion, offering eight self-contained flats in the prestigious Mapesbury Estate. The property is in excellent condition throughout, ensuring minimal maintenance and strong tenant appeal. Additionally, it benefits from a southerly facing garden, adding to its desirability. Key Features:  • Spacious period conversion featuring eight fully self-contained flats, each designed for modern living.  • Red-brick detached house, retaining stunning period charm while offering contemporary interiors.  • In excellent condition throughout, providing a hassle-free investment opportunity.  • Generous southerly facing garden, offering valuable outdoor space for residents.  • Prime location in the sought-after Mapesbury Estate, a leafy, well-connected neighborhood.  • Excellent transport links – within walking distance to Willesden Green and Kilburn stations (Jubilee Line), offering direct access to Central London.  • Attractive investment opportunity, generating an impressive annual rental income of £112,000. This high-yielding investment property presents an excellent opportunity for landlords looking to expand their portfolio in a prime North West London location. For more details or to arrange a viewing, contact us today!

Agent Details

Lampards, Queens Park

020 4572 4858

Next Steps?

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