A 4-bedroom mid-terrace house located in Wembley is currently being used as an HMO, with the potential to become a 5-bedroom HMO by converting the reception room into an additional bedroom. The property is within walking distance of various valuable amenities and offers excellent rental return potential.
For investors looking for a rewarding investment, this is a brilliant opportunity!
The property comprises four bedrooms, a reception room that can be converted into an additional bedroom, two bathrooms, a communal kitchen, and convenient on-street parking.
Investment details
It currently produces an annual gross income of £32,520 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyer's Premium will apply in order to secure a property.
Tenancy Checks
Tenancy Agreement
Proof of Rental Income documentation has been verified against the rental amount in the Tenancy Agreement by Let Property.
Proof of Rental Income
Recent Proof of Rental Income has been Verified by Let Property.
Length of Tenancy
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Tenant Means of Funding:
Self Funded
Length of Tenancy information has been provided by the seller as verbal and written confirmation.
Property Checks
Property Tenure
Verified as Leasehold with 170 years on lease
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
HMO License
HMO License documentation has been provided to Let Property and has been Verified.
EPC
EPC documentation has been provided to Let Property and has been Verified.
Council Tax Band
Council Tax Band: D
Interactive street-level view of the property location and surrounding area.
Appreciation
Service Charge
Indicated