Lot 2 - 42 Corfton Road, Ealing, London, Ealing, W5 5TA

  • Unconditional Online Auction Sale
  • Guide Price* : £3,850,000
  • Bedrooms: 23

A Rare Investment Opportunity – Substantial 23-Bedroom HMO on One of Ealing's Most Prestigious Roads


Description

The property occupies a prominent position on one of Ealing’s premier residential roads and comprises a substantial detached Edwardian residence, originally constructed circa 1903.
The property has been thoughtfully reconfigured to provide interconnected accommodation and is currently operated as a hostel/HMO comprising 23 lettable rooms. Arranged over the ground, first and second floors, the majority of rooms benefit from their own kitchenette together with either an en-suite shower room or bathroom, providing a high degree of self-contained accommodation.
The property currently generates an impressive gross rental income of approximately £300,000 per annum, reflecting a gross yield of approximately 7%, subject to the purchase price and current rental levels.
This represents a rare opportunity to acquire a substantial income-producing residential investment in a highly sought-after West London location, with the scale, existing accommodation and established rental income making the property particularly attractive to investors and specialist operators.
The property is well positioned for Ealing’s excellent range of transport connections, shopping, restaurants and leisure facilities, while remaining within easy reach of Central London.

Tenure

Freehold

Accommodation

Ground Floor

Manager's flat
Living kitchen room
Bedroom with ensuite

Room 1: 1 person share bathroom and kitchen
Room 2: 1 person share bathroom and kitchen
Room 3: 1 person own shower room kitchenette
Room 4: 1 person own shower room share kitchen
Room 5: 1 person own shower room and kitchenette
Room 6: 1 person own shower room and kitchenette
Shared Kitchen
Shared Bathroom
Boiler room
Laundry room

First floor
Room 9
Room 10
Room 11
Room 12
Room 13
Room 14
Room 15
Room 16

Second Floor

Room 17: 1 person own bathroom kitchenette
Room 18: 1 person own bathroom kitchenette
Room 19: 1 person own bathroom kitchenette
Room 20: 2 person own bathroom kitchenette
Room 21: 2 person own wet room kitchenette
Room 22: 1 person own shower room kitchenette
Laundry room

Location

Situated on one of Ealing's most prestigious residential roads, this exceptional property is ideally positioned approximately a 20-minute walk from both Ealing Broadway and North Ealing. The area offers an excellent range of shops, supermarkets, cafés, restaurants, bars, and leisure facilities, together with an abundance of nearby parks, open green spaces, and sports amenities.
The property is superbly connected, with North Ealing Underground Station (Piccadilly Line) and Ealing Broadway Station (Elizabeth Line, Central Line and District Line) both within easy reach, providing fast and convenient access to Central London and beyond. An extensive network of local bus routes also serves the surrounding area.

Sector

Residential

Yield

7%

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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