Turnkey London HMO

A rare opportunity to acquire a fully operational 5-bedroom, 5-en-suite detached HMO in the Tolworth / Kingston area of London, already refurbished, fully furnished and leased to a supported living provider.

This is not a project or speculative conversion. The property is already income-producing, professionally fitted out, and generating £4,905 per month, equivalent to £58,860 per annum.

At an asking price of £775,000, this delivers a strong 7.59% net yield, as the lease structure means the operator covers utilities, council tax and management fees, leaving the rent effectively net to the landlord.

The property has been finished to a high standard, including 5 custom-fitted bedrooms, 5 en-suite bathrooms, a modern open-plan kitchen/dining/living area, stone worktops, bespoke kitchen cabinetry, landscaped garden, paved front garden, off-street parking, WiFi interlinked system and EPC rating C.

Why the Opportunity Is Secure
The property is leased to a supported living provider, giving the investor a more hands-off and predictable income model than a traditional HMO.

The lease includes:
- Guaranteed rent of £4,905 per month
- Utilities, council tax and management covered by the operator
- Personal guarantee required from the provider
- Restoration obligation if the lease is not renewed
- Fully furnished and ready from day one

This creates a strong balance of income, security and low management responsibility.

Area Growth & Resale Potential
The property sits in a strong London rental market, within the wider Kingston / Tolworth area, where demand is supported by professionals, transport links, local amenities, hospitals, shops and access to main routes.

London continues to offer long-term capital appreciation potential due to high rental demand, limited supply and strong investor appetite. The resale market is also strong because this asset can appeal to HMO investors, supported-living investors, hands-off income buyers and London property investors looking for yield.

Discount & Stamp Duty Advantage
A key advantage is that the property is held in an SPV, giving the buyer the option to acquire the company shares rather than buying the property directly. This may reduce acquisition costs significantly, with stamp duty on shares at 0.5%, approximately £3,875, compared with standard property SDLT, which would be substantially higher on a £775,000 purchase. Buyers should take independent tax and legal advice on the SPV structure.

Refinance / Money-Out Potential
With £58,860 annual net rent, a strong lease structure, and a London location, the property may support a strong refinance case. Subject to lender valuation, lease terms and buyer profile, there may be potential to recycle a significant portion of capital after completion.

Investor Summary
A fully furnished, fully operational London HMO producing £58,860 per year net rent, secured by a supported living lease, with a 7.59% net yield, reduced management exposure, SPV stamp duty advantage and strong resale potential.

Asking price: £775,000
Annual net rent: £58,860
Monthly rent: £4,905
Net yield: 7.59%
Potential stamp duty on shares: £3,875