8 bedroom house of multiple occupation for sale

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8 bedroom house of multiple occupation for sale

1 Harold Road, London, NW10
£1,150,000

Price History

Initial price £1,300,000
20/08/24 £1,250,000
31/10/24 £1,150,000
Price Change -11.54%

Description

This vacant property is a 6-bedroom licensed HMO for up to 10 people, with two additional rooms ready to be let pending a new HMO licence application, allowing for a total of 8 households. The property has been newly refurbished in 2024 and features underfloor heating, individual electric meters, and water supply stopcocks in each room. The property also boasts a large rear garden, one off-street parking space, and is situated within an 8-minute walk of Harlesden Rail Station, which offers National Rail, Overground, and Underground services. The property is located in Harlesden, an up-and-coming area with a diverse dining scene and a range of high street retailers nearby. With an estimated rental value of £105,600 per annum and a gross internal yield of 9.18%, this property presents an attractive investment opportunity.