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Oakington Manor Drive, Wembley, Middlesex, HA9 6LU - Image 1
Oakington Manor Drive, Wembley, Middlesex, HA9 6LU - Image 2
Oakington Manor Drive, Wembley, Middlesex, HA9 6LU - Image 3
Oakington Manor Drive, Wembley, Middlesex, HA9 6LU - Image 4

Oakington Manor Drive, Wembley, Middlesex, HA9 6LU

London

£895,000
Listed on 02/07/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a remarkable opportunity for both investors and developers, featuring a detached freehold building currently configured as four self-contained flats. The layout of the property allows for immediate rental income while offering substantial potential for renovation and enhancement. Situated on an ample plot with convenient side access, this property benefits from approved planning permission for a loft extension and a rear double-storey extension. These proposed enhancements will not only increase the size of each unit but are also likely to significantly elevate the overall value of the property. With strategic development or reconfiguration, there is considerable scope to maximize returns through either improved rentals or resale. In terms of location, the property is nestled in a sought-after residential area of Wembley, providing residents with easy access to local schools, shops, and recreational green spaces. Furthermore, it is conveniently located near key transport hubs such as Wembley Central and Wembley Park stations, as well as the iconic Wembley Stadium. This accessibility enhances its appeal to potential tenants and future buyers alike. Given its combination of existing income potential and opportunities for capital growth through development, this property represents an enticing investment prospect in a dynamic community.

Investment Analysis

(HA9 area)
Area Average
£567/sq ft
Avg Rent (weekly)
£481
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (HA9)

Area prices are rising by +12.4% over the last 12 months
3 year growth: 10.8%
5 year growth: 8.1%
Investment Disclaimer: Analysis based on HA9 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

Oakington Manor Drive, Wembley, Middlesex, HA9 6LU
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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
£3,279
Based on a loan of £671,250 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