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Dalmeny Close, Wembley

London

£600,000
Listed on 26/10/2024

Property Details

Bedrooms
3
Type
Semi-detached house
Area
753 sqft

Description

This three-bedroom semi-detached bungalow presents a promising opportunity for renovation and investment. Upon entering, you'll find a welcoming hallway that leads to a spacious lounge, perfect for family gatherings or creating your ideal living space. The kitchen, measuring 17 feet, offers ample room for dining and cooking, inviting the potential for modern upgrades. The property features three well-proportioned bedrooms and a family bathroom, providing a solid foundation for a new owner to tailor to their taste. One of the standout aspects is the private rear garden, which not only enhances outdoor living but also offers possibilities for landscaping or extension – subject to planning permissions. Situated in a peaceful cul-de-sac, this home enjoys a tranquil environment while still being conveniently located near local amenities. The potential to extend or renovate adds significant value, making it an attractive prospect for both families and investors looking to capitalize on the area’s growing appeal. With gas central heating already in place, this bungalow offers comfort while you plan its transformation into your dream home.

Investment Analysis

(HA0 area)

Above Market Value

This property is priced +43.3% above area average per sq ft

+43.3%
This Property
£797/sq ft
Area Average
£556/sq ft
Avg Rent (weekly)
£464
Avg Yield
5.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£460,452
10% above area average per sq ft
Potential ROI
-26.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (HA0)

Area prices are rising by +7.2% over the last 12 months
3 year growth: 3.5%
5 year growth: 13.1%
Investment Disclaimer: Analysis based on HA0 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

Dalmeny Close, Wembley
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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
£2,198
Based on a loan of £450,000 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