Denzil Road, NW10
Property Background:
Three bedroom house near to Neasden tube station.
Current market rent:
If rented out as a three bedroom house the market rent would be about £1700 – £1800 PCM
HMO room rent achieved:
£4250 PCM
How we maximised the rental yield for this client:
The client purchased the property as part of a long term investment plan to substitute work income with rental income. Regal Estates help acquire the property through a third party agent, Regal Financial Options sourced the finance, the works carried out to planning and building regulations with addition of a single storey rear extension and loft conversion and then building works carried out by Regal Property Services and finally let and managed by Regal Estates as six en-suite room lets with a gross rent of £4250.00