House For Sale £675,000
A Large Freehold House with HMO license and scope to extend. An equally great opportunity for investors looking for high returns or owner occupiers looking for a family home to put their stamp on.
Portland Estate Agents are pleased to offer to the market this excellent semi-detached home, positioned moments from the Jubilee line. On the ground floor we find a large dine-in kitchen providing access to a private garden, two separate reception rooms which are currently being used as bedrooms and a small shower room. Upstairs comprises two large bedrooms, a further single bedroom (of sufficient size for single occupant use under HMO licensing) and family bathroom.
Vacant possession can be made available for completion.
With an adjustment of rent, and if let on a room-by-room basis, the rental return for prospective buyers is expected at £4,200 pcm (or £50,000 pa) without the need for further extension being made to the existing house.
As the property has an existing HMO License there should be no reason for Article 4 to prevent continued use under this rental strategy, so further consideration should be given as to whether redevelopment works could further increase the rental yield.
Both Dollis Hill & Neasden Stations (Jubilee) are 0.5 mile walk away allowing for quick access into town, access to the M1 and North Circular are also just a short drive away.
Portland Estate Agents are pleased to offer to the market this excellent semi-detached home, positioned moments from the Jubilee line. On the ground floor we find a large dine-in kitchen providing access to a private garden, two separate reception rooms which are currently being used as bedrooms and a small shower room. Upstairs comprises two large bedrooms, a further single bedroom (of sufficient size for single occupant use under HMO licensing) and family bathroom.
Vacant possession can be made available for completion.
With an adjustment of rent, and if let on a room-by-room basis, the rental return for prospective buyers is expected at £4,200 pcm (or £50,000 pa) without the need for further extension being made to the existing house.
As the property has an existing HMO License there should be no reason for Article 4 to prevent continued use under this rental strategy, so further consideration should be given as to whether redevelopment works could further increase the rental yield.
Both Dollis Hill & Neasden Stations (Jubilee) are 0.5 mile walk away allowing for quick access into town, access to the M1 and North Circular are also just a short drive away.
