18B Angel Lane, Hayes, Middlesex, UB3 2QX

Description

A First Floor Six Room HMO Part Let Producing £21,600 Per Annum. The property comprises a first floor six room HMO situated within a semi detached building arranged over ground and first floors.

Accommodation

First Floor: Communal Kitchen; Six Letting Rooms, one with kitchenette and en-suite; Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Hayes End Community Park are within easy reach. Transport links are provided by Hayes & Harlington rail station.

Tenure / Property Information

Investment Analysis

No completed sales or valuation evidence supplied, so GDV and maximum bid cannot be supported. The guide is £300,000+, with £1,800 admin charge plus unspecified disbursements. Stated income is £21,600 per annum, equivalent to £1,800 pcm, but should be verified because the property is part let.

Investment Snapshot

Strategy Recommendation

Consider only as an income investment subject to verifying the stated rent, lawful HMO status, occupancy, legal pack and full costs. Do not bid above the guide without valuation and compliance evidence.

Works Required

No specific works are evidenced. Verify condition, HMO licensing/planning compliance, tenancy status, rent schedule and legal-pack requirements before purchase.

Rental & Market Context

Potential BRRR Position

BRRR analysis is unsupported without a GDV, refurbishment budget and finance assumptions. The stated lease has approximately 110 years unexpired, but refinanceability and HMO compliance require verification.

Buy-to-Let Analysis

The stated income produces a 7.20% gross yield against the £300,000 guide, before fees, finance, management, voids, maintenance and compliance costs. Part-let status means passing income and occupancy must be independently verified. Full net yield cannot be established.

Flip Analysis

A flip appraisal cannot be completed because no comparable sales, GDV, refurbishment allowance or selling-cost allowance is supplied. The known guide plus admin charge is £301,800 before disbursements and all other costs.

Investor Risks & Due Diligence

• Part-let occupancy and stated income require verification.

• HMO licensing, planning and regulatory compliance are not evidenced.

• No condition or refurbishment information is supplied.

• No completed sales or external rental comparables are supplied.

• Buyer premium and potential legal-pack disbursements are unspecified.

• Finance, tax, management, maintenance and void costs are excluded from the gross yield.

Recommendation

Consider only as an income investment subject to verifying the stated rent, lawful HMO status, occupancy, legal pack and full costs. Do not bid above the guide without valuation and compliance evidence.

Strategy Rating

Analysis Confidence

The stated rent, accommodation, tenure and lease term are available, but there are no comparables, condition details, EPC, council tax, buyer premium, GDV, works budget or complete fee schedule.