Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workHouse · HA9 6AA
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a well located freehold property in the heart of Wembley High Street.
Investment overview - An income-producing freehold property combining ground-floor commercial accommodation with a five room HMO above.
The residential accommodation has separate rear access, while the ground floor benefits from direct High Road frontage and two gated parking spaces, as advised by the seller.
- Four occupied HMO rooms producing £3,050 per calendar month, with Room 2 currently vacant.
- Proposed 12-year lease of the entire ground floor from 26th October 2026 at £3,500 per calendar month, subject to completion of the formal lease.
- Proposed combined income of £78,600 per annum, rising to an illustrative £88,800 per annum if Room 2 is let at £850 per calendar month.
- Separate commercial and residential access, together with two gated parking spaces.
- Residential EPC rating D, satisfactory EICRs, and current fire-alarm and emergency-lighting records Location - The property occupies a prominent position on Wembley High Road, within an established retail and residential area.
Wembley Central station is approximately 5 minutes’ walk away, providing Bakerloo line, London Overground and National Rail services. Wembley Stadium station is also around half a mile away.
The commercial unit benefits from High Road frontage, while the residential accommodation has independent rear access. The surrounding High Road includes shops, restaurants and other local services.
Buyers should verify walking distances and any future development proposals.
Below is a breakdown of the rent coming in per month: Rent Summary Current passing rent Room 1 - £600 pcm Room 2 - Vacant Room 3 - £750 pcm Room 4 - £850 pcm Room 5 - £850 pcm Total HMO income - £3,050 pcm The current HMO income is therefore £36,600 per year, excluding the proposed increase for Room 3.
Once the new ground-floor commercial lease is in place from 26th October at £3,500 pcm, the combined rental income will be: £6,550 per month £78,600 per year Description A rare opportunity to acquire a well located freehold property in the heart of Wembley High Street.
Location located in the heart of Wembley’s bustling High Road Tenure Freehold - Title number MX3025 EPC Rating D Additional Information For further information please contact our office directly on , or alternatively via email on .
With regards to viewing subject property, this is to be done strictly by appointment. Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About High Road, Wembley, London, England, HA9 6AA
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