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Drake Road, Harrow, HA2

London

£500,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1085 sqft

Description

This three-bedroom terraced house in Rayners Lane presents a strong opportunity for both first-time buyers and investors looking to capitalize on property potential. Its strategic location offers easy access to transport links, shops, and schools, making it an attractive option for families or commuters. The ground floor features a spacious entrance hall leading to a bay-fronted living room with a traditional fireplace. A separate dining room at the rear opens through sliding patio doors to the garden, while the galley kitchen provides practical access to outdoor space. The first floor has three bedrooms including one with built-in wardrobes, plus a three-piece family bathroom. Additionally, there’s loft access, suggesting potential for conversion (subject to planning permission), which could significantly enhance the property's value. Externally, the block-paved driveway allows for off-street parking, while the rear garden is lushly presented with mature foliage and a paved patio ideal for entertaining. At the end of the garden lies a detached double garage with an electric roller door, accessible via a secure service road—this versatile space could be transformed into an office, gym, or studio (subject to planning permission). This property not only offers comfortable living but also numerous avenues for renovation and improvement. Rayners Lane Underground Station is conveniently close by with quick links on both the Metropolitan and Piccadilly Lines into London. The local area is vibrant with shops, cafes, and parks nearby—perfect for families seeking community-oriented living.

Investment Analysis

(HA2 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£461/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£449
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£634,584
10% above area average per sq ft
Potential ROI
+15.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (HA2)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +3.8%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on HA2 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

Drake Road, Harrow, HA2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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