Dollis Hill, NW10

Property Background:

Three bedroom house near to Neasden and Dollis Hill 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:

£4280 PCM

How we maximised the rental yield for this client:

The client purchased the property as part of a long term investment plan to complement their work income with rental income in addition to their existing property portfolio. Regal Estates helped to 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 £4280 per calendar month.