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Elgin Drive, Northwood

London

£765,000
Listed on 07/08/2025

Property Details

Bedrooms
2
Type
Detached house
Area
847 sqft

Description

This detached bungalow features two bedrooms and is nestled in a quiet cul de sac within Northwood. Set back from the road, it offers off-street parking along with a garage, plus a secluded garden at the rear. While the property is currently in need of modernisation, it provides an excellent opportunity for those looking to tailor their living space to their preferences. Additionally, there is potential for expansion subject to the necessary planning approvals. The sale comes with no onward chain, making it a straightforward acquisition. Northwood boasts various shopping options, including a Waitrose supermarket, alongside diverse dining establishments and essential amenities. The area benefits from easy access to transport links via the Metropolitan Line service to Baker Street and the City, as well as proximity to both state and private schools. Local recreational opportunities abound, with golf courses and fitness centres available nearby. Major motorways such as the M1, M40, and M25 are also conveniently accessible. Please note that this property is located near the ULEZ zone; as such, charges may apply if your vehicle does not comply with emissions standards.

Investment Analysis

(HA6 area)

Above Market Value

This property is priced +48.8% above area average per sq ft

+48.8%
This Property
£903/sq ft
Area Average
£607/sq ft
Avg Rent (weekly)
£476
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£565,682
10% above area average per sq ft
Potential ROI
-30.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (HA6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -6.9%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on HA6 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

Elgin Drive, Northwood
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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
£2,802
Based on a loan of £573,750 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