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Springway, Harrow, HA1

London

£575,000
Listed on 02/04/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1290 sqft

Description

This spacious terraced house presents an excellent opportunity for renovation and investment, featuring three bedrooms and a functional layout that allows for personalization. Located within a short walking distance to Harrow town centre, the property offers convenient access to a variety of shops, amenities, and public transport options, including the Harrow on the Hill Metropolitan Line station just 0.5 miles away. While the home requires some updating, it is equipped with gas-fired central heating and double-glazed windows, which are essential features for comfort and energy efficiency. The ground floor welcomes you with a porch that flows into a hallway, leading to a sizable kitchen, a large living room, and a conservatory that can be transformed into an inviting space for relaxation or dining. Additionally, there is a convenient downstairs WC. The first floor comprises three well-proportioned bedrooms alongside a family bathroom, providing ample space for family living or potential rental income. As an added benefit, the property includes a rear garden with access to resident parking through a gate—an advantage in urban settings. With its prime location near local amenities and transport links such as South Harrow Piccadilly Line station and North Harrow Metropolitan Line station just over half a mile away, this property holds significant potential for both first-time buyers looking to invest in their future and seasoned investors seeking to enhance their portfolio. An internal viewing is strongly recommended to fully appreciate the possibilities this property has to offer.

Investment Analysis

(HA1 area)

Below Market Value

This property is priced -18.9% below area average per sq ft

-18.9%
Potential saving
This Property
£446/sq ft
Area Average
£550/sq ft
Avg Rent (weekly)
£382
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£780,024
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
17
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (HA1)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -0.4%
5 year growth: 2.3%
Investment Disclaimer: Analysis based on HA1 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

Springway, Harrow, HA1
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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
£2,106
Based on a loan of £431,250 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