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Wolsey Grove, Edgware, HA8

London

£515,000
Listed on 14/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
818 sqft

Description

This three-bedroom terraced house, located on a quiet residential street, offers a solid foundation for those looking to make their mark through renovation or investment. Situated conveniently close to local amenities, schools, and transport links—including Burnt Oak Underground Station just 0.6 miles away—the property benefits from a prime location that appeals to families and commuters alike. Upon entering the home, you will find a bright front reception room accentuated by an exposed brick wall and fireplace, leading into a dining area that flows seamlessly into a modern fitted kitchen. This space is equipped with ample storage and generous worktop areas, making it functional for everyday living. Direct access to the rear garden invites possibilities for outdoor use; the garden features both a patio seating area and lawn, along with a shed for additional storage. The upper level comprises three well-sized bedrooms: two doubles and one single. The principal bedroom includes fitted wardrobes and its own shower cubicle for added convenience. Completing this floor is a fully tiled family bathroom. A bonus feature is the box room that could easily serve as an office, dressing area, or even be transformed into a fourth bedroom, enhancing its versatility. With off-street parking available at the front of the property and potential for further extension—subject to planning permission—this home presents various options for capital improvement. The surrounding areas of Edgware, Colindale, and Mill Hill provide additional shopping and dining choices while being close to multiple transport links including Mill Hill Broadway Station with Thameslink services into central London. This property represents an exciting opportunity for first-time buyers eager to customize their living space or investors looking to capitalize on the area's growth potential.

Investment Analysis

(HA8 area)

Above Market Value

This property is priced +17.8% above area average per sq ft

+17.8%
This Property
£630/sq ft
Area Average
£535/sq ft
Avg Rent (weekly)
£484
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£480,988
10% above area average per sq ft
Potential ROI
-11.7%
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

Wolsey Grove, 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
£1,887
Based on a loan of £386,250 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