4 Bed HMO, Harrow, HA3 7SY, £495,000

Byron Road, Harrow, Middlesex, HA3 7SY - 3 views - 20 days ago

HMO
ROI: 2%
~129 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£41,200

Total Cash In

£164,950

 

 

Cash Out

 

Room Rate

£791

Gross Rent

£3,164

Running Costs/mo

£2,758

Cashflow/mo

£406

Cashflow/yr

£4,876

ROI

3%

Gross Yield

8%













Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

0.50 miles away

Nearest school

0.40 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £495,000

April 1, 2025

Listed for £525,000

March 21, 2025

Floor Plans

Description

  • 6 Person HMO +
  • Licensed HMO +
  • 4 Bedroom 4 Bathroom +
  • Fully Let and Managed +
  • Spacious Garden +
  • Close to Local Amenities +

An excellent investment opportunity, this well-presented 4-bedroom terraced house is a fully licensed HMO situated in the heart of Harrow. The property boasts four bedrooms, each complemented by its own private bathroom, ensuring high levels of comfort and privacy for tenants.

This property is fully let, providing immediate rental income, and benefits from a functional layout ideal for shared living. Located in a highly sought-after area, it offers convenient access to local amenities, transport links, and leisure facilities, making it an attractive choice for tenants and investors alike.

The property is conveniently situated just minutes from Harrow and Wealdstone station, offering swift access to central London with a direct journey to London Euston taking only 12 minutes. Nearby, Wealdstone High Street is renowned for its vibrant array of restaurants, charming cafés, and diverse shopping options, making it an ideal location for residents seeking convenience and a lively community atmosphere.

Monthly Rent Per Room

Room 1 - £650

Room 2 - £750

Room 3 - £865

Room 4 - 900

Total Monthly Rental - £3,165

Agent Details

Leafy Estates, Harrow

020 8129 6183

Next Steps?

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

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