3 bed semi-detached house for sale

Elmgate Garden, Edgware HA8

Description

Headline:
Substantial 3-Bed Semi-Detached Freehold in Edgware | Prime HMO Conversion Opportunity | £750,000

Property Description:

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.

Key Investment Highlights:

Prime Location: A highly sought-after residential address in Edgware, with excellent transport links via the Northern Line (Edgware Station) and easy access to local amenities, schools, and green spaces.

Freehold Ownership: Enjoy the full benefits and control of freehold ownership, a significant advantage for any property investor.

Substantial Extension Potential: The property's layout and plot size offer clear potential for:

Side Extension: To create two additional bedrooms.

Loft Conversion: To create a further two bedrooms.

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.

Impressive Projected Rental Income: Once converted, the property is projected to achieve a gross rental income in the region of £8,000 to £10,000 per month, offering an outstanding return on investment.

This is more than just a house; it's a blank canvas for a savvy investor to create a powerful income-generating asset. We highly recommend an early viewing to fully appreciate the scale of the opportunity.

Tenure: Freehold