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First Avenue, Wembley

London

£549,950
Listed on 05/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
940 sqft

Description

This three-bedroom semi-detached property presents a valuable opportunity for renovation and investment, ideally located near the Preston Road Metropolitan line tube station. Being sold chain-free, this home offers immediate availability for those eager to transform it into a personalized living space. Upon entry, you are greeted by a spacious hallway that leads to a fitted kitchen and two generous reception rooms, providing ample space for reconfiguration or modern updates. The upper level consists of three bedrooms and a family bathroom, all of which could benefit from modernization. The layout allows for creativity in design and functionality, catering to both personal taste and market trends. Outside, the property includes a garage accessed via a shared driveway. Additionally, there is potential for off-street parking at the front of the house, subject to the necessary approvals. This feature is particularly advantageous in an area where parking can be competitive. The surrounding location enhances its appeal, with convenient access to public transport and local amenities nearby. This property holds significant potential not only as a comfortable family home but also as an investment opportunity with prospects for value enhancement through renovation and extension.

Investment Analysis

(HA9 area)

Above Market Value

This property is priced +2.8% above area average per sq ft

+2.8%
This Property
£585/sq ft
Area Average
£569/sq ft
Avg Rent (weekly)
£490
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£588,553
10% above area average per sq ft
Potential ROI
-1.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (HA9)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +7.8%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on HA9 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

First Avenue, Wembley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,983
Based on a loan of £412,462 over 30 years at 4.06% 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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