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3 bed semi-detached house
Elmgate Garden, Edgware HA8
£750,000
Elmgate Garden, Edgware HA8
£750,000
Our Summary
- Substantial 3-Bed Semi-Detached Freehold in Edgware | Prime HMO Conversion Opportunity | £750,000
- Nestled in the popular Elm Gate Garden development in Edgware (HA8 9UQ), this impressive three-bedroom semi-detached freehold house presents a rare and exciting opportunity for investors and developers alike
- Currently a comfortable family home, the property boasts immense potential to be transformed into a highly lucrative rental investment
- Positioned on a generous plot, the house offers multiple, straightforward avenues for significant extension, subject to the necessary planning permissions
- Substantial Extension Potential: The property's layout and plot size offer clear potential for:
- Rear Garden Development: The potential to add a one or two-bedroom self-contained annexe (Subject to Planning Permission)
- High-Yield HMO Prospect: With these potential extensions, the property could easily be reconfigured into a 6 or 7-bedroom House in Multiple Occupation (HMO), maximizing rental income in this high-demand area
- This is more than just a house; it's a blank canvas for a savvy investor to create a powerful income-generating asset
Description
This substantial three-bedroom semi-detached freehold house in Edgware presents a rare investment opportunity for developers and investors. The property is situated in a prime location with excellent transport links and access to local amenities, schools, and green spaces. With its generous plot size, the house offers multiple avenues for extension, including a side extension, loft conversion, and rear garden development, subject to planning permissions. The potential for a high-yield House in Multiple Occupation (HMO) conversion is significant, with projected gross rental income of £8,000 to £10,000 per month. This is a blank canvas for a savvy investor to create a powerful income-generating asset, offering an outstanding return on investment.