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Burnt Oak Broadway, Edgware, Middlesex, HA8

London

£550,000
Listed on 11/03/2026

Property Details

Bedrooms
5
Type
Terraced house
Area
1050 sqft

Description

This spacious freehold property is situated within a rapidly developing area, offering a compelling opportunity for those looking to invest or renovate. Located conveniently close to Edgware and Burnt Oak, the home is currently vacant and provides immediate occupancy while also being primed for transformation. With multiple granted planning approvals, this property stands out as a prime candidate for developers or investors aiming to capitalize on its potential. The residence features five bedrooms, with four located on the upper level and one conveniently positioned on the ground floor. There is a separate living room and kitchen area, providing flexibility in layout along with two bathrooms. A private rear garden complements the internal space, alongside an approximately 5m x 5m outbuilding that serves as valuable storage or could be repurposed further. While the interior is in good condition overall, buyers may wish to undertake some modernization to better suit their needs or aesthetic preferences. Significant compliance measures have already been addressed, including a newly installed fuse box along with valid Gas Safety Certificate and EICR documentation. What truly enhances this property’s value are the existing planning permissions: - Conversion of the dwelling into two flats (1 x 1-bedroom and 1 x 2-bedroom). - The addition of a single-storey rear extension along with an outbuilding for added functionality. - Approved alterations to add dormers for increased loft space. With strong potential for generating rental income – especially as many nearby properties have been successfully converted into HMOs – this home includes an active selective license allowing immediate use as a rental property. In summary, this large freehold residence not only offers ample living space but also presents significant opportunities for development and investment in a well-established residential neighborhood.

Investment Analysis

(HA8 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£524/sq ft
Area Average
£533/sq ft
Avg Rent (weekly)
£451
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£615,846
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (HA8)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -0.4%
5 year growth: +6.9%
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

Burnt Oak Broadway, Edgware, Middlesex, HA8
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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
£1,984
Based on a loan of £412,500 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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