Lambert Walk, Wembley HA9 5 bed house of multiple occupation for sale

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Lambert Walk, Wembley HA9 5 bed house of multiple occupation for sale

Lambert Walk, Wembley, HA9
£460,000

Our Summary

  • The property is within walking distance of various valuable amenities and offers excellent rental return potential
  • Investment details It currently produces an annual gross income of £37,320 with four tenants currently situated and with the potential of the fifth room also being let, this could instantly rise to £46,200
  • 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
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 5-bedroom mid-terraced house in Wembley is currently being used as a highly profitable HMO, with four occupied rooms and one potential room for conversion, generating an annual gross income of £37,320. The property boasts two modern bathrooms, a well-equipped communal kitchen, on-street parking, and a private rear patio, making it an attractive investment opportunity. With the potential to increase rental income to £46,200 with the conversion of the fifth room, this property offers a worthwhile addition to an investor's portfolio, with a strong potential for future returns. The property's HMO compliance and existing rental income make it an excellent choice for investors seeking a rewarding investment.