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Green Lane, Edgware, HA8

Unknown Region

£1,100,000
Listed on 30/05/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2418 sqft

Description

This five-bedroom, two-bathroom detached home offers significant renovation and investment potential, making it an appealing option for those looking to make their mark. Located on a desirable road near central Edgware, the property provides convenient access to local amenities and transportation links to Stanmore and beyond. Upon entering, you are greeted by a welcoming porch that leads into a spacious reception hallway. The ground floor boasts multiple living spaces, including a versatile office, an expansive through lounge and dining room, a breakfast room, and a kitchen with adjoining downstairs WC. This layout presents opportunities for reconfiguration or modernization according to personal preferences. The first floor features a generous master bedroom complete with an en-suite bathroom and utility area. Additionally, there are two well-sized double bedrooms and two smaller bedrooms which could serve as guest rooms or offices. The family bathroom is also located on this level. Outside, the property sits on a substantial 55-foot garden that provides ample space for landscaping or further development. A garage complements the off-street parking available for several vehicles—a notable advantage in this area. With further possibilities for expansion—such as converting the loft space (subject to planning permission)—this property holds great promise for future enhancement. It is being sold chain-free, allowing for a straightforward transaction process for prospective buyers looking to invest in a property with potential.

Investment Analysis

(HA8 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£455/sq ft
Area Average
£536/sq ft
Avg Rent (weekly)
£457
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£110,000 - £275,000
10-25% of property value
Target Value
£1,424,722
10% above area average per sq ft
Potential ROI
+3.6%
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

Green Lane, Edgware, HA8
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