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The Common, Stanmore, HA7

London

£5,000,000
Listed on 20/03/2024

Property Details

Bedrooms
6
Type
Detached house
Area
6275 sqft

Description

This distinctive six-bedroom property offers a unique investment opportunity in a sought-after location on the borders of Stanmore and Bushey Heath. Nestled behind a secure gated entrance on The Common, the property benefits from both privacy and easy access to local amenities. The layout includes two reception rooms, a spacious kitchen breakfast room, and a versatile annexe that could serve various purposes, such as additional living space or home office. With over 1.1 acres of land, the expansive garden features mature landscaping and a southerly aspect, providing an ideal backdrop for outdoor living. The garden itself stretches over 220 feet and is equipped with multiple structures including a summerhouse, an outhouse, and a gazebo—perfect for entertaining or relaxing in the serene setting. The property has been held by the same family for nearly four decades and shows potential for modernization. It previously received planning permission to expand beyond its current footprint of approximately 8000 square feet. With some refurbishment or redevelopment efforts, this residence could be transformed into an exceptional family home tailored to contemporary standards. With ample parking available for up to 25 vehicles, this property not only caters to large families but also offers substantial potential for investors looking to capitalize on the area’s growth. The existing features combined with the possibility of expansion make it an intriguing option for those seeking to build equity in a prime location.

Investment Analysis

(HA7 area)

Above Market Value

This property is priced +39.1% above area average per sq ft

+39.1%
This Property
£797/sq ft
Area Average
£573/sq ft
Avg Rent (weekly)
£508
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£3,954,097
10% above area average per sq ft
Potential ROI
-26.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (HA7)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 0.4%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on HA7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

The Common, Stanmore, HA7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£18,316
Based on a loan of £3,750,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE