£ 1,000,000
Added: 25/02/2025
Profit pa£35,550
ROCE13%
Yield10%
Strategy: Buy to Let
Exceptional Investment Opportunity – Fully Tenanted 8-Bed Detached HMO For Sale
Substantial detached HMO property, fully tenanted and generating a strong rental income of £6,000 PCM, with an easily achievable revised rent of £8,000 PCM, making this an exceptionally lucrative investment.
Situated in a prime location on Woodland Road, Southall (UB1), this impressive eight-bedroom HMO consists of 8 double ensuite bedrooms, providing high-quality accommodation for tenants The property is in good condition and has been home to long-standing tenants for over 4-5 years, ensuring a stable rental yield.
Key Features:
- Substantial detached HMO property with a private gated driveway
- 8 double ensuite bedrooms, fully compliant with HMO regulations
- HMO license for 10 occupants across 8 different households
- Large rear garden, offering additional outdoor space
- Spacious garage, currently utilized for a Mega Flow system, boiler, storage, and utility room
- Prime Southall location, close to local amenities, transport links, and major road networks
- Strong rental income potential, with scope for further rent increases
This is an outstanding investment opportunity for any landlord or investor looking for a high-yielding and fully compliant HMO property in one of Southall’s most desirable areas.
Contact us for more details or to arrange a viewing.
The financials:
▪ Purchase price: £1,000,000
▪ Refurb costs: £10,000
▪ Annual profit: £35,550
▪ ROCE: 13%
▪ Yield: 10%
Sourced reference: 357242469447279
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
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