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37 St. Margarets Avenue, Harrow, HA2 8BZ

London

£380,000
Listed on 27/04/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
958 sqft

Description

This three-bedroom semi-detached house presents an excellent opportunity for renovation and investment. Having not changed hands in 37 years, it is a blank canvas awaiting a creative touch to modernize and enhance its appeal. The property offers a traditional layout, featuring two reception rooms and a kitchen on the ground floor, which can be transformed into an open-plan living space that meets contemporary design standards. The first floor accommodates three bedrooms, a kitchenette, and a bathroom with a separate WC and wash basin—ideal for reconfiguration to maximize usability. Situated just a short walk from South Harrow Underground Station on the Piccadilly Line, residents will benefit from easy access to transportation links, making commuting straightforward. Additionally, local amenities such as shops, cafes, and restaurants are conveniently nearby, enhancing the property’s desirability for potential renters or future owners. Outside, the property includes off-street parking and a rear garden—spaces that can be further developed to increase utility and aesthetic value. Given its location and the potential for significant refurbishment or even an extension (subject to planning permission), this house represents both an exciting project for homebuyers looking to invest in their dreams as well as a lucrative opportunity for investors aiming to capitalize on the area's rental market. For those interested in exploring this potential further, viewings are available on specified dates leading up to auction day.

Investment Analysis

(HA2 area)

Below Market Value

This property is priced -25.7% below area average per sq ft

-25.7%
Potential saving
This Property
£397/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£424
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£562,940
10% above area average per sq ft
Potential ROI
+34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HA2)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 8.4%
5 year growth: 17.0%
Investment Disclaimer: Analysis based on HA2 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

37 St. Margarets Avenue, Harrow, HA2 8BZ
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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
£1,392
Based on a loan of £285,000 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