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Longstone Ave, Harlesden

London

£4,250,000
Listed on 03/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

Situated in the appealing Longstone Avenue of Harlesden, this sizable freehold development presents a rare investment prospect. Comprising 24 two-bedroom flats, 15 of which are currently engaged under Assured Shorthold Tenancies (ASTs), this property is not only a potent income source but also holds promising potential for future enhancement. Built in the 1970s, the buildings maintain a distinct character that may appeal to those looking to modernize while retaining a sense of history. The sale includes three freehold titles and a generous parking area at both the front and rear of the property, alongside provisions for bin storage. Notably, there is an opportunity for expansion with a planning application already submitted for six additional flats atop the main building. This development is ideally poised for strategic renovation and growth, making it an exciting venture for any serious investor.

Investment Analysis

(NW10 area)
Area Average
£622/sq ft
Avg Rent (weekly)
£499
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£400,000 - £600,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW10)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -4.9%
5 year growth: 11.0%
Investment Disclaimer: Analysis based on NW10 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

Longstone Ave, Harlesden
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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
£15,569
Based on a loan of £3,187,500 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.

Next Steps

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