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Beverley Drive, Edgware

London

£275,000

Listed on 01/06/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom, one-bathroom flat is situated on the first floor and benefits from proximity to Queensbury Station, ensuring excellent access to transport and local amenities. The property is currently in need of comprehensive refurbishment, making it a strong investment opportunity for those looking to enhance value through modernization. With around 78 years left on the lease, there is potential for extension, which could significantly improve the property's appeal and financial terms. The service charge approximates £1,675 biannually, alongside a ground rent of £75 every six months. Given its location in a bustling commuter area with growing rental demand, this flat represents a promising canvas for investors or aspiring homeowners eager to create a personalized living space. The necessary renovations could vastly transform this property into a desirable asset in today's market.

Investment Analysis

(HA8 area)
Area Average
£531/sq ft
Avg Rent (weekly)
£422
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (HA8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +5.0%
5 year growth: +8.9%
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

Beverley Drive, Edgware
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,039
Based on a loan of £206,250 over 30 years at 4.45% 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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