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Edgware HA8

Unknown Region

£1,235,000
Listed on 11/09/2024

Property Details

Bedrooms
4
Type
Detached house
Area
1711 sqft

Description

This spacious detached home offers a unique opportunity in an attractive neighborhood known for its scenic lakes and well-maintained walkways. With four bedrooms, the property provides ample living space, making it suitable for families or those seeking additional room for work or leisure. One of the standout features is the potential for renovation and expansion. Previous planning permission for an extension has been granted and could easily be reinstated, allowing you to customize the space to fit your needs or enhance its value further. This flexibility makes it an ideal investment opportunity for buyers looking to create their dream home or increase market appeal. The location itself adds significant value; nestled within a prestigious estate, residents can enjoy the tranquility of natural surroundings while still being within reach of urban amenities. This combination of features not only enhances daily living but also positions the property as a smart investment in one of London’s most desired areas.

Investment Analysis

(HA8 area)

Above Market Value

This property is priced +34.8% above area average per sq ft

+34.8%
This Property
£722/sq ft
Area Average
£536/sq ft
Avg Rent (weekly)
£457
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£123,500 - £308,750
10-25% of property value
Target Value
£1,008,147
10% above area average per sq ft
Potential ROI
-34.7%
After renovation
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (HA8)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -5.0%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on HA8 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

Edgware HA8
Map showing location of Edgware HA8
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