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£1,150,000
Bedrooms
Bathrooms
Situated on the sought-after tree-lined road this substantial three-storey House in Multiple Occupation (HMO) presents an excellent investment opportunity, currently generating an impressive annual income of 80,400. Refurbished to a high standard approximately five years ago, the property has been thoughtfully modernised to provide well-maintained and comfortable accommodation, ideally suited to professional tenants.
The semi detached house offers generous living space across three floors, comprising several well-proportioned letting rooms. Residents benefit from a stylish communal kitchen featuring integrated appliances and ample storage, alongside a bright shared seating area that opens directly onto a private rear gardenperfect for relaxation or socialising outdoors.
Located on a tree-lined residential street in a popular area with consistently strong rental demand, the property is within easy walking distance of Willesden Junction and Harlesden stations (Bakerloo Line and Overground), as well as a variety of local cafs, bars, shops, and transport links.
This is a turnkey investment offering strong ongoing returns, and early viewing is highly recommended to fully appreciate its quality and potential.
Room 1, Front/Gf - 5.00mx3.89m (165x129) -
Room 2 - 4.17mx3.84m (138x127) -
Central Communal Area With Modern Kitchen - 6.32mx3.28m (209x109) -
Entrance Hall -
Bathroom Combined W.C - 2.84mx2.24m (94x74) -
First Floor Landing -
Room 3 Front Room With Self Contained Kitchen - 6.02mx4.19m (199x139) -
Room 4 With Self Contained Kitchen - 4.09mx4.06m (135x134) -
Shower Room - 2.95mx2.95m (98x98) -
Second Floor Landing -
Room 5 - 6.02mx4.32m (199x142) -
Room 6 Self Contained - 4.09mx4.06m (135x134) -
Rear Garden With Raised Decking Area - 18.47mx6.86m (607x226) -
Front Building -
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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