Worst House on the Street Logo
Formby Avenue, Stanmore - Image 1
Formby Avenue, Stanmore - Image 2
Formby Avenue, Stanmore - Image 3
Formby Avenue, Stanmore - Image 4
Formby Avenue, Stanmore - Image 5
Formby Avenue, Stanmore - Image 6
Formby Avenue, Stanmore - Image 7
Formby Avenue, Stanmore - Image 8
Formby Avenue, Stanmore - Image 9
Formby Avenue, Stanmore - Image 10
Formby Avenue, Stanmore - Image 11

Formby Avenue, Stanmore

London

£565,000
Listed on 25/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1022 sqft

Description

This three-bedroom semi-detached home, situated in a sought-after residential street in Stanmore, presents an exciting renovation opportunity with no upper chain. The property is conveniently located near essential amenities and transport links, making it ideal for families looking to settle in a vibrant community. It also boasts proximity to several reputable schools, enhancing its investment appeal. The layout includes an entrance hallway that leads to a generous reception room featuring a classic bay window, a separate dining area with patio doors that open onto the garden, and a fitted kitchen offering additional access to outdoor space. Upstairs, you'll find two spacious double bedrooms alongside a single bedroom and a family bathroom. With ample potential for extension (subject to planning permission), this property is perfect for those wishing to create a contemporary family residence tailored to their tastes.

Investment Analysis

(HA7 area)

Below Market Value

This property is priced -3.5% below area average per sq ft

-3.5%
Potential saving
This Property
£553/sq ft
Area Average
£573/sq ft
Avg Rent (weekly)
£508
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£643,998
10% above area average per sq ft
Potential ROI
+5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (HA7)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 0.4%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on HA7 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

Formby Avenue, Stanmore
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,070
Based on a loan of £423,750 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE