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Canons Drive, Edgware, HA8

London

£1,250,000
Listed on 05/08/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1254 sqft

Description

Nestled within the sought-after Canons Drive Estate, this spacious detached family home presents a unique opportunity for renovation and investment. With a generous floor area of 2,689 sq ft spread across three levels, the property includes three distinctive reception rooms that offer flexibility for various uses, alongside a luxurious principal bedroom suite and an additional three to four bedrooms. The layout is well-suited for modern family living, featuring an inviting kitchen/diner that encourages social gatherings and comfortable entertaining. Notably, the house has undergone professional underpinning recently, addressing any concerns related to stability due to nearby mature trees—an advantage that distinguishes it from many other homes in the area. There’s significant potential for further development with the possibility of a ground-floor extension, subject to planning permission. The outdoor space is equally impressive; a mature garden stretching over 100 feet enhances privacy and tranquility while accommodating a heated swimming pool—a rare find that adds to the property's allure. Canons Drive itself is characterized by its tree-lined streets and provides access to an exclusive seven-acre lake, enhancing the quality of life in this residential enclave. Conveniently located near Canons Park Tube and Edgware Station, this home offers not just comfort but also investment potential in a desirable location.

Investment Analysis

(HA8 area)

Above Market Value

This property is priced +86.5% above area average per sq ft

+86.5%
This Property
£997/sq ft
Area Average
£535/sq ft
Avg Rent (weekly)
£484
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£737,358
10% above area average per sq ft
Potential ROI
-46.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HA8)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -3.3%
5 year growth: 11.9%
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

Canons Drive, Edgware, HA8
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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
£4,579
Based on a loan of £937,500 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