Available
London HA1 – HMO Investment
12 Kenton Road, Harrow-On-The-Hill, Harrow, London HA1 2BWFreehold 8-bed HMO Investment
Price
OIEO £900,000
Rent P.A.
£41,760*
Tenure
Freehold
Lease Term
Multiple
Area
2,348 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- *ERV once fully let circa £76,260 p.a. (GIY ~ 8.47%)
- The building is arranged over Ground and two upper floors and comprises a total of eight units with full HMO license in place.
- The property benefits from 3 off street car parking spaces.
- The total GIA of the buildings is 2,348 sq ft.
- Located on a quiet residential road overlooking Harrow Hill Golf Course.
- Within 7-10 minutes walk from Harrow-on-the-Hill Underground Station and Kenton Underground/Overground Station.
- Situated within a 10-minute walk from St Anns and St George shopping centres, occupying retailers such as Café Nero, McDonalds, Metro Bank, Holland & Barrett, Starbucks, Boots, Bars and Cinema.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The building comprises a total of eight units – seven of which are non self-contained, although they all benefit from in room vanity units. Operating under as an HMO, the property therefore has communal facilities including a communal kitchen on the ground floor and toilet or bathroom facilities on each floor.
Unit 12a is accessed directly from the street via the side gate and itself is a completely self-contained one-bedroom unit.
The property provides the following accommodation and dimensions:
Ground Floor: 1 Self-contained unit and 1 Room, Shared Kitchen, Reception Room, WC - 67.34 sq m (725 sq ft)
First Floor: 3 Rooms, Bathroom/WC - 49.33 sq m (531 sq ft)
Second Floor: 3 Rooms, Bathroom/WC - 43.22 sq m (465 sq ft)
Total GIA of the building: 218 sq m (2,348 sq ft)
Unit 12a is accessed directly from the street via the side gate and itself is a completely self-contained one-bedroom unit.
The property provides the following accommodation and dimensions:
Ground Floor: 1 Self-contained unit and 1 Room, Shared Kitchen, Reception Room, WC - 67.34 sq m (725 sq ft)
First Floor: 3 Rooms, Bathroom/WC - 49.33 sq m (531 sq ft)
Second Floor: 3 Rooms, Bathroom/WC - 43.22 sq m (465 sq ft)
Total GIA of the building: 218 sq m (2,348 sq ft)
Tenancy Description
Flat 12a is at present let on AST to an Individual at a current rent of £15,360 per annum.
Room 1 is at present vacant.
Room 2 is at present vacant
Room 3 is at present let on AST to an Individual at a current rent of £6,600 per annum.
Room 4 is at present vacant.
Room 5 is at present let on AST to an Individual at a current rent of £9,600 per annum
Room 6 is at present let on AST to an Individual at a current rent of £6,000 per annum
Room 7 is at present let on AST to an Individual at a current rent of £4,200 per annum
Room 1 is at present vacant.
Room 2 is at present vacant
Room 3 is at present let on AST to an Individual at a current rent of £6,600 per annum.
Room 4 is at present vacant.
Room 5 is at present let on AST to an Individual at a current rent of £9,600 per annum
Room 6 is at present let on AST to an Individual at a current rent of £6,000 per annum
Room 7 is at present let on AST to an Individual at a current rent of £4,200 per annum
Tenancies & Accommodation
Location Description
Harrow on the Hill is a locality and historic village in the borough of Harrow in Greater London, England. The property is located on a quiet residential road overlooking Harrow Hill Golf Course. Harrow-on-the-Hill Underground Station (Metropolitan line) is a 10-minute walk away and provides easy access into central London and towards Aldgate via Finchley Road. Also served by the Metropolitan line is Northwick Park Station, which is a mere 5-minute walk from the property. Kenton Station, located on Kenton Road and served by both the Overground and the Bakerloo line is also within a 7-minute walk from the property. Road users can access the City via car in as little as 30 minutes via the A40. Heathrow Airport is also within a half hour’s drive from the property’s address. Situated within a 10-minute walk from St Anns and St George shopping centres, occupying retailers such as Café Nero, McDonalds, Metro Bank, Holland & Barrett, Starbucks, Boots, Bars and Cinema.
