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Hillcrest Avenue, Edgware, Middlesex HA8 - Image 1
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Hillcrest Avenue, Edgware, Middlesex HA8

London

£999,950
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2148 sqft

Description

This appealing link-detached home, constructed by Heygate, offers an array of living spaces that exceed typical expectations. Situated conveniently within the Eruv and a short stroll from Edgware's shopping precinct, this property combines comfort with accessibility. The ground floor welcomes you with a spacious entrance hallway that leads to a triple reception room, providing versatile areas for relaxation and entertainment. The eat-in kitchen, which features a breakfast bar, is ideal for family gatherings or casual dining. Additionally, a utility room and a shower room enhance the practicality of the layout. On the upper level, you will find three well-proportioned bedrooms complemented by a family bathroom and separate WC. A converted loft adds a fourth bedroom—an attractive feature for larger families or potential renters. This property's generous layout presents significant renovation opportunities. With potential for further extension (subject to planning permission), there are numerous ways to increase both living space and value over time. The private rear garden provides a tranquil outdoor area, perfect for personal use or future landscaping projects. With its desirable location and ample scope for enhancement, this home not only serves as a comfortable residence but also represents an investment opportunity in a sought-after neighborhood.

Investment Analysis

(HA8 area)

Below Market Value

This property is priced -12.9% below area average per sq ft

-12.9%
Potential saving
This Property
£466/sq ft
Area Average
£535/sq ft
Avg Rent (weekly)
£484
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,263,035
10% above area average per sq ft
Potential ROI
+17.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HA8)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -3.3%
5 year growth: 11.9%
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

Hillcrest Avenue, Edgware, Middlesex HA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,663
Based on a loan of £749,962 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.

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