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Firethorn Close, Edgware, HA8 - Image 1
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Firethorn Close, Edgware, HA8

London

£450,000
Listed on 05/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
657 sqft

Description

This end-of-terrace family home features two bedrooms and two bathrooms, situated in a peaceful cul-de-sac. While the property requires modernisation, it presents significant renovation opportunities and potential for development, pending the necessary permissions. The ground floor showcases a spacious reception area that includes a dining space, complemented by a separate kitchen that opens directly into the sizeable rear garden. On the first floor, you'll find two well-proportioned double bedrooms; one benefits from an en-suite bathroom, along with an additional family bathroom. Notably, this residence boasts the largest garden in Firethorn Close. The current owners have expanded the property by acquiring the side return, offering an excellent opportunity for further extensions or enhancements, subject to approval. The loft is fully boarded and provides ample storage options. Off-street parking is available for two vehicles. The location offers convenient access to local amenities, places of worship, transport links into London, and reputable schools in both Mill Hill and Edgware. This property not only serves as a comfortable home but also as a potential investment opportunity with its ample scope for improvement and expansion.

Investment Analysis

(HA8 area)

Above Market Value

This property is priced +28.1% above area average per sq ft

+28.1%
This Property
£685/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
£386,319
10% above area average per sq ft
Potential ROI
-21.2%
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

Firethorn Close, 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
£1,648
Based on a loan of £337,500 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