12-Bed Licensed HMO InvestmentAn outstanding opportunity to acquire a modern, fully licensed 12-bedroom HMO located on Park Drive, Harrow (HA2). The property has been professionally converted into two separate licensed HMOs, both finished to a high standard throughout.Each of the 12 double bedrooms is fully furnished and includes:Private en-suite bathroomUnder-counter fridge, kettle, and toasterDesk with chair, chest of drawers, bedside tables, and tall wardrobeIndividual room keys with secure external key lock box accessAdditional features include:Two communal kitchensA rear outbuilding with laundry room and storage areaA communal gardenSituated close to the University of Westminster (Harrow Campus) and Northwick Park Hospital, this property attracts students and professionals seeking high-quality accommodation. Excellent transport links offer easy access to Central London.This property is partially tenanted with short term tenants due to sale of the property, providing an excellent value-add opportunity for investors to maximise occupancy and returns in a strong rental market.Location: Harrow, HA2 7LT Property Type: Dual Licensed HMO Rooms: 12 Double En-Suite BedroomsTenure: Freehold Investment: High Yield PotentialAsking Price: 1.8 M
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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