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See how verdicts work6-bedroom house · NW2 7TB
Listing removedListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ref: DZ1376 – An excellent opportunity to acquire a fully income-producing freehold residential investment, currently configured as a licensed HMO with clear value-add potential.
The property is arranged as six well-designed studio units, all currently let and generating immediate, consistent rental income.
Each unit provides private living space, integrated kitchenette facilities and modern shower rooms, supporting strong ongoing tenant demand.
The building benefits from an existing HMO licence, with the current vendor having submitted an application to convert the accommodation into fully self-contained units, offering a clear pathway to enhance both rental income and capital value.
A seventh unit is currently under development and will be included in the sale. This unit will benefit from its own private entrance and provides additional future income potential.
The property has been configured for efficient management, with a well-organised communal layout and a focus on durability and low maintenance.
It further benefits from solar panels, enhancing energy efficiency, alongside fire doors, a wired fire detection system, and additional kitchen smoke detectors in line with current safety standards.
Externally, the building offers cycle storage and designated waste areas, supporting practical day-to-day operation.
Situated on the North Circular Road, the property benefits from excellent connectivity.
Neasden station and Dollis Hill station (Jubilee Line) are both within easy reach, providing direct access into Central London.
Nearby amenities include Gladstone Park, Brent Cross Shopping Centre and Wembley Park, all supporting strong and consistent tenant demand.
For all enquiries or to arrange a viewing, please quote Ref: DZ1376
Value & comps
No previous sales on record.
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 asking
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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
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FAQ
About 736, North Circular Road, London
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