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Melrose Gardens, Edgware HA8

London

£580,000

Listed on 21/01/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1397 sqft

Description

This three-bedroom family residence offers a spacious kitchen, a convenient downstairs WC, and an inviting through lounge, presenting an ideal foundation for refurbishment and personalization. The property benefits from off-street parking and a garage, along with a sizeable garden at the rear, which could be further developed based on planning permissions (STPP). Tucked away on a quiet residential street, it is conveniently located near Queensbury Station (Jubilee Line) and Burnt Oak Station (Northern Line), just minutes away from a diverse array of shops and eateries in Colindale. This home promises potential for both immediate comfort and long-term investment growth.

Investment analysis

(HA8 area)

Below Market Value

This property is priced -22.0% below area average per sq ft

-22.0%
Potential saving
This Property
£415/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£818,216
10% above area average per sq ft
Potential ROI
+32.0%
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
6%
Properties sold annually

Local Market Trend (HA8)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +4.4%
5 year growth: +6.8%
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

Melrose Gardens, Edgware HA8
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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
£2,191
Based on a loan of £435,000 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

Price History

-3.3% since listed
£580,000£20,000(-3.3%)
11/06/2026
Current price
£600,000Initial listing
18/04/2026

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