MapHouse of multiple occupation for sale
Key information
Features and description
- Mixed use investment opportunity
- Currently Tenanted
- Hmo
A rare opportunity to acquire a well‑located freehold property in the heart of Wembley High Street.
This freehold investment offers a strong and reliable rental return, with established tenants in place and high demand in the local area.
Ground Floor: Occupied by a long‑standing optician with direct High Street frontage, ensuring steady footfall and visibility.
Rear Section: Additional self‑contained accommodation with independent access and secure parking for two vehicles. The space is presently arranged as studios but is recognised as an extension of the ground floor premises. It offers multi‑purpose potential, suitable for office use with ancillary accommodation, and remains connected to the shop via an internal door (currently sealed), giving flexibility for future reconfiguration subject to the appropriate consents.
Upper Floors: A fully licensed five‑bedroom HMO, accessed independently from the rear. Each room benefits from a private bathroom, and residents share a communal fully fitted kitchen. The HMO is fully let and continues to attract strong demand thanks to its central location and excellent transport links.
This property combines stable commercial income with strong residential yields, making it an attractive investment in a sought‑after area. With Wembley undergoing significant regeneration, the location offers excellent prospects for future growth and sustained capital uplift.
Below is a breakdown of the rent coming in per month:
Rent Summary
Room 1 HMO: £600
Room 2 HMO: £850
Room 3 HMO: £750
Room 4 HMO: £700
Room 5 HMO: £750
Room 6 – ground floor: £600
Room 7 – ground floor: £600
Optician's - £1,700 - 10 Year lease, expiring 2027
Total monthly rent: £6,550
Rooms
Description
An income producing mixed use property. This freehold investment offers a strong and reliable rental return, with established tenants in place and high demand in the local area.
Location
located in the heart of Wembley’s bustling High Road
Tenure
Freehold - Title number MX3025
EPC
Rating C
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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