Handsworth Road, London, N17 6DB

Full Description

Exceptional 6-Bedroom HMO Investment Opportunity – Fully Licensed & Income Producing

An outstanding opportunity to acquire a fully operational and income-generating 6-bedroom HMO investment property situated in a popular residential location within North London.

This well-presented property has been configured to provide six high-quality letting rooms, each benefiting from its own private en-suite bathroom and kitchenette area, whilst also offering a spacious communal kitchen and a private rear garden for residents.

The property is fully compliant and benefits from both HMO planning permission and a valid HMO licence, making it an attractive and mortgageable turnkey investment opportunity for both experienced and first-time investors.

The property is already fully operational, allowing the incoming purchaser to benefit from immediate rental income from day one.

Investment Highlights

Fully operational 6-bedroom HMO
All rooms with private en-suite bathrooms
Individual kitchenette areas within each room
Spacious communal kitchen
Private rear garden
HMO planning permission in place
Valid HMO licence
Strong rental demand area
Approximate current yield of 11%
Potential to increase returns to 12%+ subject to management strategy
Immediate income-producing investment
Hands-off investment opportunity with management in place

Financial Overview

Current rental income producing approximately 11% yield
Potential for enhanced returns through alternative management structures
Comparable standard residential homes on the road achieving values around £725,000
Asking price: Offers in the region of £750,000 reflecting the enhanced HMO value and established income stream
Rental figures currently aligned around Local Housing Allowance (LHA) rates

Location

Handsworth Road is conveniently located within easy reach of local shops, supermarkets, restaurants and excellent transport links into Central London. The property benefits from strong rental demand due to its accessibility and surrounding amenities.

Viewing

Viewings are highly recommended and available by appointment only.