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Mead Road, Edgware

London

£400,000
Listed on 28/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
878 sqft

Description

This charming two-bedroom cottage offers a unique opportunity for renovation and investment in an area with considerable growth potential. Conveniently located near the vibrant Edgware Town Centre, you will find an array of shopping options, dining establishments, and essential amenities just a short distance away. Inside, the layout features a spacious lounge that welcomes natural light, alongside a dining room perfect for entertaining. The galley kitchen is equipped with integrated appliances, providing a solid foundation for updates to create your ideal culinary space. A conservatory extends living space and connects to the rear garden, which presents possibilities for landscaping or outdoor improvement. Upstairs, both bedrooms are generously sized, offering ample room for personalization and enhancement. The bathroom includes a corner bath and a separate walk-in shower cubicle—ideal for modernizing to meet current design trends. The property benefits from its proximity to multiple transportation links, including Burnt Oak and Canons Park Underground Stations, granting easy access to Central London via the Northern and Jubilee lines. Additionally, several local schools and green spaces are situated nearby, making this location appealing for families and commuters alike. Given the potential for renovation and the attractive location, this property stands as an excellent investment opportunity in a thriving community.

Investment Analysis

(HA8 area)

Below Market Value

This property is priced -14.8% below area average per sq ft

-14.8%
Potential saving
This Property
£456/sq ft
Area Average
£535/sq ft
Avg Rent (weekly)
£484
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£516,268
10% above area average per sq ft
Potential ROI
+17.3%
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

Mead Road, Edgware
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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
£1,465
Based on a loan of £300,000 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