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Old Church Lane, Stanmore, HA7 2RG - Image 1
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Old Church Lane, Stanmore, HA7 2RG - Image 4
Old Church Lane, Stanmore, HA7 2RG - Image 5

Old Church Lane, Stanmore, HA7 2RG

Unknown Region

£1,000,000
Listed on 17/08/2024

Property Details

Bedrooms
4
Type
Detached house
Area
1603 sqft

Description

This four-bedroom, two-bathroom detached chalet bungalow is positioned on a desirable corner plot, offering a wealth of potential for renovation and expansion. The property includes two reception rooms and boasts a large garage along with ample off-street parking, making it ideal for families or those with multiple vehicles. The ground floor features an expansive lounge and dining area that can be reimagined to suit modern living needs. A well-appointed kitchen provides functionality, while the family shower room adds convenience. Additionally, two double bedrooms on this level offer flexibility for accommodation or home office space. Upstairs, you’ll find two more double bedrooms, including a master suite complete with an ensuite bathroom. This layout allows for creative updates to enhance both style and comfort. Situated just a short walk from Stanmore station on the Jubilee line, the location is advantageous for commuters. The nearby amenities include various restaurants, Stanmore College, and shopping options at Stanmore Broadway, including Sainsbury's. The outdoor space further enhances this property's appeal; the extensive front yard provides considerable parking capacity paired with a large detached garage. Side access leads to a generous east-facing rear garden measuring 50 feet by 45 feet, which presents opportunities for landscaping or potential development (subject to planning permission). Overall, this property is ripe for investment with its abundant possibilities for enhancement in both living space and value.

Investment Analysis

(HA7 area)

Above Market Value

This property is priced +8.1% above area average per sq ft

+8.1%
This Property
£624/sq ft
Area Average
£577/sq ft
Avg Rent (weekly)
£475
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£100,000 - £250,000
10-25% of property value
Target Value
£1,017,424
10% above area average per sq ft
Potential ROI
-18.6%
After renovation
Monthly Sales
19
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (HA7)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 3.6%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on HA7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Old Church Lane, Stanmore, HA7 2RG
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