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

London

£299,950
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom first-floor maisonette presents a significant renovation opportunity for those looking to add value through updates and improvements. The property features a spacious reception area that can be transformed into a stylish living space, along with an eat-in kitchen that has the potential for modern upgrades. Both double bedrooms offer ample room for customization, while the separate bathroom and WC provide functional layout options. Outdoor space is available with a balcony, providing an opportunity for landscaping or creating a small outdoor retreat. The property is being sold chain-free, making it an appealing choice for investors or first-time buyers ready to put their personal stamp on a home. Located in a community conducive to growth, this maisonette stands out as a project ripe for investment. With a leasehold tenure of 123 years remaining and minimal ground rent at a peppercorn rate, the financial aspects are favorable for long-term ownership. The service charge is conveniently payable in two installments each year, making budgeting straightforward. This is not just a property; it's a canvas full of potential in an area primed for appreciation. Interested parties are encouraged to schedule a viewing to explore the possibilities this maisonette has to offer.

Investment Analysis

(HA8 area)
Area Average
£535/sq ft
Avg Rent (weekly)
£484
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Sterling 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
£1,099
Based on a loan of £224,962 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.

Next Steps

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