Offers over
£2,500,000
(£535.10/sq. ft)
Block of flats for saleThe Meadow Way, Harrow Weald HA3
4,672 sq. ft
About this property
An opportunity to acquire a fully let, recently refurbished HMO portfolio in Harrow.
A total of 18 self-contained rooms.
Each building comprises 6 self-contained rooms with shared kitchens.
Total gia - 4,672 sq ft.
The portfolio is currently producing £229,656 per annum, however the vendor is in the process of increasing the rent to the full lha level of £236,736 per annum.
Freehold.
Proposal
Offers in excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) subject to contract.
A purchase at this level reflects a 9.47% Gross Yield based off the reversionary rents and £535 per sq ft capital value.
Individual properties can be acquired by separate negotiation.
A total of 18 self-contained rooms.
Each building comprises 6 self-contained rooms with shared kitchens.
Total gia - 4,672 sq ft.
The portfolio is currently producing £229,656 per annum, however the vendor is in the process of increasing the rent to the full lha level of £236,736 per annum.
Freehold.
Proposal
Offers in excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) subject to contract.
A purchase at this level reflects a 9.47% Gross Yield based off the reversionary rents and £535 per sq ft capital value.
Individual properties can be acquired by separate negotiation.
Mortgage calculator
Monthly repayment
£12,506 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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