Waverley Road, London, N17

£650,000 | Chain Free | Licensed 4-Unit HMO | Waverley Road, London N17 0PX

An excellent opportunity to acquire a fully licensed four-studio HMO situated on a sought-after residential road in Tottenham. Offered to the market chain free, this income-generating investment is ideal for landlords looking to add to their portfolio or owner-investors seeking a ready-to-let asset with immediate rental potential.

The property has been thoughtfully configured into four self-contained studio rooms, each benefiting from its own private en-suite shower room, providing modern and comfortable accommodation for tenants. The ground floor comprises one studio with an en-suite, a spacious communal kitchen, a separate WC, and access to a generous private rear garden measuring approximately 18 metres (52 ft). The first floor offers two further en-suite studios, while the loft conversion provides a spacious fourth studio with its own en-suite.

The property extends to approximately 111.5 sq. m (1,201 sq. ft.) of internal accommodation and is sold with a valid HMO licence. Three of the four studios are currently vacant, with the fourth studio due to become vacant shortly, allowing a purchaser the flexibility to set new market rents or occupy immediately without being tied into existing tenancies.

Ideally located within easy reach of Tottenham Hale Underground Station (Victoria Line) and Bruce Grove Overground Station, the property also benefits from excellent access to local shops, supermarkets, restaurants, schools and bus routes, making it a highly desirable location for professional tenants.

This is a rare opportunity to purchase a chain-free, licensed HMO with vacant possession available, offering significant potential for strong rental yields and long-term capital growth.

STUDIO 1: 3.40m x 3.10m (11'1" x 10'2"), The ground-floor studio measures approximately 3.40 m × 3.10 m, providing a floor area of approximately 10.54 m². It benefits from an adjoining en-suite shower room measuring approximately 1.60 m × 1.60 m (approximately 2.56 m²), giving a combined floor area of approximately 13.10 m².

STUDIO 2: 5.15m x 2.50m (16'10" x 8'2"), The first-floor Studio 2 measures approximately 5.15 m × 2.50 m, providing a floor area of approximately 12.88 m². It benefits from an adjoining en-suite shower room measuring approximately 3.00 m × 1.10 m (approximately 3.30 m²), giving a combined floor area of approximately 16.18 m².

STUDIO 3: 3.50m x 3.65m (11'5" x 11'11"), The first-floor Studio 3 measures approximately 3.50 m × 3.65 m, providing a floor area of approximately 12.78 m². It benefits from an adjoining en-suite shower room measuring approximately 1.55 m × 1.90 m (approximately 2.95 m²), giving a combined floor area of approximately 15.73 m².

STUDIO 4: 4.10m x 6.05m (13'5" x 19'10"), The loft studio measures approximately 4.10 m × 6.05 m, providing a floor area of approximately 24.81 m². It benefits from an adjoining en-suite shower room measuring approximately 1.85 m × 1.90 m (approximately 3.52 m²), giving a combined floor area of approximately 28.33 m².

KITCHEN: 5.15m x 2.35m (16'10" x 7'8")

GARDEN: 5.50m x 15.90m (18' x 52'1")