5 Bed HMO, London, N22 6JG £750,000

Lymington Avenue, Haringey, N22 6JG - 7 months ago
HMO
ROI: 1%
~178 m²
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+7 photos

ValuationUndervalued

Sold Prices£666.6K - £1.6M
Sold Prices/m²£4.2K/m² - £10.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£4.2K/m²

Value Estimate

£922,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£63,700

Total Cash In

£251,200

 

 

Cash Out

 

Room Rate

£836

Gross Rent

£4,180

Running Costs/mo

£3,943

Cashflow/mo

£237

Cashflow/yr

£2,847

ROI

1%

Gross Yield

7%

Local Sold Prices

35 sold prices from £666.6K to £1.6M, average is £1.0M. £4.2K/m² to £10.4K/m², average is £6.2K/m².

Price
Date
Distance
Address
Beds
 
£685K12/230.32 mi1, Crawley Road, London, Greater London N22 6AP5
£685K12/230.32 mi1, Crawley Road, Tottenham, London N22 6AP5
£685K12/230.32 mi1, Crawley Road, Tottenham, London N22 6AP5
£1.1M05/230.39 mi21, Parkland Road, Wood Green, London N22 6SU5
£1.1M05/230.39 mi21, Parkland Road, Wood Green, London N22 6SU5
£1.1M05/230.42 mi21, Parkland Road, London, Greater London N22 6SU5
£1.0M09/230.44 mi108, Sydney Road, Hornsey, London N8 0EX5
£1.0M09/230.49 mi108, Sydney Road, London, Greater London N8 0EX5
£1.1M11/220.49 mi67, Raleigh Road, London, Greater London N8 0JD5
£830K03/250.57 mi68, Lausanne Road, Hornsey, London N8 0HP5
£775K01/250.6 mi169, Harringay Road, Tottenham, London N15 3HP5
£1.1M06/210.63 mi13, Frobisher Road, London, Greater London N8 0QT5
£1.0M07/210.67 mi79, Fairfax Road, London, Greater London N8 0NJ5
£700K09/210.74 mi64, Newland Road, London, Greater London N8 7SL5
£1.2M12/210.76 mi11, St Michaels Terrace, London, Greater London N22 7SJ5
£1.0M06/230.76 mi73, Beresford Road, London, Greater London N8 0AG5
£1.1M04/230.77 mi48, Effingham Road, London, Greater London N8 0AB5
£875K01/250.77 mi64, Clarendon Road, Tottenham, London N15 3JX5
£857K05/210.8 mi17, Cornwall Avenue, London, Greater London N22 7DA5
£666.6K10/210.8 mi22, Downhills Avenue, London, Greater London N17 6LG5
£800K03/220.81 mi1e, Terront Road, Tottenham, London N15 3AA5
£800K03/220.81 mi1e, Terront Road, Tottenham, London N15 3AA5
£1.2M02/250.82 mi113, Allison Road, Hornsey, London N8 0AP5
£1.2M02/250.82 mi113, Allison Road, London, Greater London N8 0AP5
£800K03/220.84 mi1e, Terront Road, London, Greater London N15 3AA5
£1.2M12/220.87 mi82, Tottenham Lane, London, Greater London N8 7EE5
£1.4M02/230.88 mi28, Glebe Road, London, Greater London N8 7DB5
£1.1M04/230.89 mi112, Hewitt Road, London, Greater London N8 0BN5
£1.0M02/230.93 mi84, Seymour Road, London, Greater London N8 0BG5
£695K01/220.95 mi88, Gloucester Road, London, Greater London N17 6DH5
£670K03/250.96 mi85, Norfolk Avenue, Wood Green, London N13 6AL5
£1.6M06/210.97 mi20, Harvey Road, London, Greater London N8 9PA5
£690K02/230.98 mi39, Rowley Road, London, Greater London N15 3AX5
£730K09/210.99 mi47, Clarence Road, Wood Green, London, Greater London N22 8PG5
£790K06/211 mi3, Kimberley Gardens, London, Greater London N4 1LB5

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

4.64 miles away

Nearest school

0.40 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £750,000

March 27, 2025

Floor Plans

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Description

  • Period property +
  • Licensed HMO +
  • 4 bedsits +
  • 1 self contained studio +
  • Convenient location +
  • Close to transport links, shops, and amenities +
  • Stylish interiors +
  • Private garden +

This spacious property, currently rented out as individual bedsits, offers an excellent investment opportunity in the vibrant N22 area. Spanning three floors and featuring five well proportioned bedrooms, the house is designed to cater to shared living while offering potential for future reconfiguration into a family home.

The ground floor comprises three separate rooms, each generously sized and suitable for tenants. One room enjoys access to the private rear garden, which provides additional outdoor space. The floor also features a modern shared bathroom and a utility area for communal use.

On the first floor, the property includes two more bedrooms, along with a shared, well-fitted kitchen featuring contemporary cabinetry and ample storage. Each space is thoughtfully arranged to maximize functionality for tenants.

The second floor houses an expansive room with its own ensuite bathroom, offering a private and self contained option for tenants seeking additional comfort and privacy.

This property is conveniently located close to transport links, shops, and amenities, making it highly attractive to renters. The flexible layout, combined with its sought after location, ensures strong rental demand and steady income potential.

Whether you're an investor looking for a ready-to-let property or a buyer seeking a spacious home with future reconfiguration potential, this property represents an outstanding opportunity in a prime location.

Agent Details

Rochester Place, London

020 7284 4747

Next Steps?

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