Description
Key Takeaways:
• Freehold 3-bed terraced home, W5 2EQ, steps from Ealing Broadway Station.
• Guide price £950,000 (negotiable for cash buyers).
• Private south-facing garden, integrated garage, three floors of living space.
• Major upside: loft & rear extensions (STPP), HMO conversion (STPP), garage conversion.
• Current gross yield ~3.07% (net 2.31%); HMO conversion gross ~5.38% (net 3.35%), payback ~6.2 yrs.
The Ealing Broadway terraced home on Hamilton Road, W5 2EQ. Offers a rare freehold investment in West London’s most sought-after postcode. Located an 8–12-minute walk from Ealing Broadway Station (Elizabeth, Central & District lines). This versatile property spans three floors, featuring three spacious bedrooms and a private south-facing garden that floods the living areas with natural light.
Development and conversion
Moreover, an integrated garage adds c.150 sq ft of flexible space—perfect for a home office or an extra bedroom. Local planning precedents show a 78.2% approval rate for loft and rear extensions in Ealing W5. Similar Successes can be seen at 7 Curzon Road (4 m rear extension + dormer) and 34 Creffield Road (rear extension + dormer). Consequently, a six-bedroom scheme is highly feasible, subject to standard approvals.
Cash producing investment
For higher yields, investors can convert the home into an HMO. Subsequently designed for professional sharers. Ealing Borough mandates a HMO licence for up to four sharers and a mandatory licence for five or more. A garage-to-bedroom conversion further boosts income potential. While light cosmetic works (kitchens, bathrooms, décor) can lift rent from c.£2,322 per month for a 3-bed to significantly more post-refurbishment.
Therefore, purchasers may choose:
• Standard let: Gross yield ~3.07%, net ~2.31% (annual rent £29,196)
• HMO conversion: Gross yield ~5.38%, net ~3.35% (annual rent £55,200)
With total conversion costs of £75,000 and licence fees of £1,750, HMO payback is c.6.2 years.
Investment Highlight:
HMO conversion boosts monthly income by 89% and pays back extension costs in under 7 years.
Income & Investment Metrics
| Scenario | Gross Yield | Net Yield | Payback (yrs) |
|---|---|---|---|
| Standard 3-Bed Rental | 3.07% | 2.31% | 43.2 |
| HMO 6-Bed Conversion | 5.38% | 3.35% | 29.9 |
|
Figure: ROI Analysis Standard Rental vs HMO Conversion |
Listing Updated: 02 August 2025, 11:17
Internal link: Ealing Property Trends
External link: Ealing Council Planning
University of West London
TfL – Tube & Bus Services
HMO Licensing Info (Ealing)
