Fantastic detached house with an HMO license for 14 people in the heart of Golders Green, is perfect for Investors. 8% yield with the potential to increase. Offering a total of 3250 sqft, this property boasts a sizable garden in the front and a patio garden at the back with an accompanying outbuilding and 9 units with 5 ensuites. Currently, one unit is being utilised as a self-contained unit, although there is a license for three.

The ground floor layout comprises a very large eat-in kitchen, 2 bedrooms with ensuite, and 2 additional bedrooms sharing a bathroom and a separate WC.

On the first floor, three more units provide diverse living arrangements. One room benefits from a separate family bathroom, another enjoys an ensuite, and the third is self-contained with its kitchen, making it an ideal "granny flat" within the house if needed.

The second/top floor features 2 more double bedrooms with skylights, served by a fully tiled bathroom and a second boiler catering specifically to this floor.

Despite having 9 units, the HMO license permits accommodation for up to 14 people, offering investors the flexibility to maximise their yield. Additionally, the property is registered under a company, offering flexible purchasing options—either as an outright house or by acquiring the registered company to benefit from a stamp duty exemption. An unmissable opportunity for savvy investors seeking immediate returns. Act quickly—this one is not to be missed!

The financials:
▪ Purchase price: £1,600,000
▪ GDV: £1,800,000
▪ Annual profit: £42,154
▪ ROCE: 17%
▪ Yield: 8%

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