Turnkey HMO opportunity near Seven Sisters with strong rental demand and immediate income potential.
- Over 1,700 sq ft across basement to second floor, small rear garden
- Reported HMO income around £90,000 per year (seller-stated)
- Conflicting bedroom info: source lists 4 beds but also 11-bed HMO — verify
- 15-minute walk to Seven Sisters; strong access to colleges and amenities
- EPC C, Council Tax band E; mains gas boiler and radiators
- Solid brick walls likely uninsulated; glazing installed before 2002
- Freehold; situated in N17 with higher area deprivation indicators
- HMO licensing, safety certificates and tenancy details require checks
A substantial mid-terraced Victorian property arranged over basement, ground, first and second floors, offering over 1,700 sq ft of internal space and a small rear garden. The building’s period features, high ceilings and bay windows give strong rental appeal, while mains gas heating, double glazing and an EPC rating of C indicate reasonable running costs.
The listing information describes an operational HMO with multiple self-contained studios and reported annual income (circa £90,000). If operated as an HMO this site could deliver immediate cashflow; the property’s proximity to Seven Sisters and local colleges supports year-round rental demand.
Buyers should note key compliance and verification points before purchase: the supplied details include conflicting bedroom counts (core data states four bedrooms, other notes describe an 11-bedroom HMO). Prospective purchasers must verify tenancy mix, income, HMO licensing, gas and electrical certificates, and any planning or licensing history.
Practical considerations: solid-brick Victorian walls are likely uninsulated, glazing dates from before 2002, and Council Tax is band E. The area is classified as deprived with average local crime rates—factors that influence management, tenant mix and long-term capital growth. The property is freehold and offered in good overall condition but may benefit from targeted refurbishment to maximise value.
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