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Parkside Drive, Edgware, Middlesex, HA8

London

£1,300,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2534 sqft

Description

This contemporary five-bedroom, four-bathroom detached residence in Edgware (HA8) presents a compelling opportunity for buyers looking to invest in a property with significant renovation and expansion potential. Upon entry, you are greeted by a spacious hallway flanked by two distinct reception areas, well-suited for both formal gatherings and casual family time. Advancing further, the open-plan kosher kitchen and dining space integrates beautifully with an adjacent living area, designed for family interactions and entertaining guests. The kitchen provides dual access points from both the side and rear of the house, leading to a meticulously maintained AstroTurf garden that offers an appealing outdoor space for dining, hosting events, or children's play. A key feature of this property is the self-contained outhouse situated within the garden; it benefits from its own living and sleeping quarters along with an additional bathroom, making it ideal for guests or as a home office or creative studio. Further into the home, a utility room serves as a versatile Passover kitchen, enhancing the functionality of the layout. On the ground floor, there is also a flexible room that can be tailored to suit various needs such as an office, playroom, or guest accommodation. The upper level comprises four generously sized bedrooms alongside four modern bathrooms, offering ample comfort while ensuring privacy. Notably, the spacious loft area opens avenues for conversion possibilities to add more living space or even an extra bedroom with an en-suite WC (subject to planning approval). Additional benefits include off-street parking accommodating two to three vehicles and abundant potential for modernization and extension (STPP), marking this property as an exceptional long-term investment opportunity in Edgware. Conveniently located near schools, places of worship, local amenities, and excellent transport options – this is truly a unique find worth exploring.

Investment Analysis

(HA8 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£513/sq ft
Area Average
£535/sq ft
Avg Rent (weekly)
£470
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,490,702
10% above area average per sq ft
Potential ROI
+7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (HA8)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -2.1%
5 year growth: +10.2%
Investment Disclaimer: Analysis based on HA8 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

Parkside Drive, Edgware, Middlesex, HA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,689
Based on a loan of £975,000 over 30 years at 4.06% 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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