234 Cowley Road, Uxbridge, Middlesex

Description

A Six Bedroom Semi Detached HMO Part Let Producing £30,480 Per Annum

Accommodation

Ground Floor: Kitchen; Two Letting Rooms (One with En-Suite); Bathroom. First Floor: Four Letting Rooms (Three with En-Suites). Exterior: Rear garden.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Woodlands Park Lake are within easy reach. Transport links are provided by Uxbridge underground station (Metropolitan line) and West Drayton rail station.

Tenure / Property Information

Investment Analysis

Same-road freehold semi-detached sales range from £425,000 to £500,000, with the latest supplied sale at £500,000. These comparables are not confirmed as six-bedroom HMOs, so the indicative GDV range is low confidence and requires legal, condition and HMO-use verification.

Investment Snapshot

Strategy Recommendation

Potential income-led HMO purchase, subject to verification of the part-let income, HMO compliance, tenancy position, legal-pack disbursements and physical condition. Do not rely on the indicative GDV for a flip without stronger evidence.

Works Required

No specific physical defects or refurbishment works are evidenced. Verify condition, HMO compliance, fire safety, tenancy documentation and any required works through the legal pack and inspection.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably because refurbishment costs, finance costs and a verified HMO GDV are unavailable. At 75% of the indicative base GDV, refinancing would be approximately £346,875, before allowing for works and transaction costs.

Buy-to-Let Analysis

The stated part-let income is £30,480 per annum, equivalent to £2,540 pcm, producing a 7.62% gross yield against the £400,000 guide. This is stated current income rather than independently verified market rent, and occupancy is only part let.

Flip Analysis

The indicative comparable-based GDV is £425,000–£500,000, but no supported refurbishment or selling-cost allowance is available. Flip surplus therefore cannot be calculated reliably.

Investor Risks & Due Diligence

• Part-let income may not represent stabilised or fully occupied income.

• No sufficiently specific external rental comparables were supplied.

• Comparable sales are not confirmed as six-bedroom HMOs.

• Refurbishment and compliance costs are unknown.

• Additional legal-pack disbursements may be payable.

• HMO licensing, fire-safety and tenancy documentation require verification.

Recommendation

Potential income-led HMO purchase, subject to verification of the part-let income, HMO compliance, tenancy position, legal-pack disbursements and physical condition. Do not rely on the indicative GDV for a flip without stronger evidence.

Strategy Rating

Analysis Confidence

Same-road sale evidence and stated income are available, but the comparables are not confirmed HMOs, external rental evidence is absent, occupancy is part let, and condition, refurbishment costs and legal details are unspecified.