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Lot IBTUK/ERS0409/1-2

Portfolio of 7 x 6-Bed HMOs in NW London & Harrow

Guide price £ 6,500,000

Type of Sale

Private Treaty sale under Auction Contract

Key Features

  • • Additional communal kitchens & utility room
  • • Current gross rent £577452; ERV on LHA £626652
  • • Enclosed plot and external-unit planning at 2 Dawpool Road
  • • EPC certificates available on request
  • • Excellent transport links: Neasden Tube
  • • Gross yield: 8.71%–9.45%; net yield: 6.10%–6.62%
  • • Separate electric meter and council-tax per unit
  • • Tenant mix: DSS professionals management-company leases
  • 7 x 6-bed HMOs (each room with en-suite & lockable kitchenette)
  • Harrow & Wealdstone station

Description

6-bed HMO portfolio London presents a rare institutional-scale opportunity to acquire seven high-yield houses in two of the capital’s most resilient markets. Each property is configured as a six-bedroom HMO with individual en-suite bathrooms and lockable kitchenettes, ensuring both tenant privacy and maximum rental flexibility. This 6-bed HMO portfolio London is ideal for investors seeking stable returns.

Situated 1 km from Neasden Underground Station (Zone 3) in NW2 and within walking distance of Harrow & Wealdstone station (London Overground, Bakerloo, Southern), these homes benefit from exceptional connectivity to Central London and beyond, making the 6-bed HMO portfolio London an attractive option for tenants. Local amenities include Gladstone Park, Brent Cross Shopping Centre, Waitrose in Harrow, plus numerous schools and leisure facilities.

Current contracted rent stands at circa £577,452 p.a., rising to an ERV of £626,652 when aligned with LHA rates. At the guide price, the portfolio achieves a gross yield of 8.71% (current rents)–9.45% (ERV), outperforming the London HMO average of 6.6%. This 6-bed HMO portfolio London ensures strong financial performance with net yields remaining at 6.10%6.62%, above the “good” London HMO net yield range of 4%–6%.

Investment Insight: Superior yields in London’s high-barrier markets, combined with planning upside at 2 Dawpool Road and a diverse tenant base, make this an attractive scale-up acquisition for cash-rich investors.

 

Key Takeaways:
Seven fully licensed, six-bedroom HMOs generating £577,452 p.a. gross
Guide Price: £7,000,000 (vendor may consider £6,500,000 for quick completion)
Portfolio gross yield: 8.71%–9.45%; net yield: 6.10%–6.62%
4 properties in NW London (NW2); 3 in Harrow (HA2/HA3)


Income & Yields

Metric Current Rents ERV (LHA)
Total Annual Rent £577,452 £626,652
Portfolio Gross Yield 8.71% 9.45%
Portfolio Net Yield (-30% costs) 6.10% 6.62%
London Avg. Gross Yield 6.6%

London ‘Good’ Net Yield Range 4%–6%

 

Figure: Portfolio vs London HMO yield benchmarks

Location & Transport

NW London (NW2): 1 km to Neasden Tube; buses to Central London 

Harrow (HA2/HA3): 10–15 min walk to Harrow & Wealdstone station 

Schools: Brent Park Academy, Shaftesbury High School
Retail & Leisure: Brent Cross, Harrow Leisure Centre, local high streets
Green Spaces: Gladstone Park, Roundwood Park

 

Media & Links

• 🔗 london.gov.uk/what-we-do/housing-and-landlord-guidance/hmo-guide > London HMO Licensing Guide
• 🔗 https://lha-direct.voa.gov.uk/ > LHA Rate Search
• 🔗 https://www.worldofauctions.co.uk/area-guides/greater-london > Greater London Area Guide
• 🔗 https://www.worldofauctions.co.uk/auction-calendar > Auction Calendar

Last Updated: Monday, September 08, 2025, 12:00

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Edward Swindells Auctioneer Consultant Auctioneer & Valuer

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