2-bedroom flat · HA8 7AU
To rentReduced £50 (−2.9%) on 19 OctListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Station Road in Edgware, HA8, this splendid two-bedroom flat offers a perfect blend of comfort and convenience.
Spanning an impressive 990 square feet, this spacious residence is situated above a commercial space, providing a unique urban living experience.
Upon entering, you will be greeted by a well-presented interior that has been refurbished not long ago, ensuring a fresh and modern atmosphere throughout.
The large reception room serves as the heart of the home, providing ample space for relaxation and entertaining.
The two double bedrooms are generously sized, offering a peaceful retreat for rest and rejuvenation.
The flat features a contemporary three-piece bathroom, designed with modern fittings that enhance both style and functionality.
The location is particularly advantageous, positioned on a bustling high road that boasts a variety of shops and amenities.
With excellent transport links nearby, including a station and bus stops, commuting and exploring the surrounding area is both easy and convenient. Entrance via Stream Lane.
___________________________________________________________________________________ Tenancies Signed on or after 1st June 2019 Holding deposit - 1 week's rent Security deposit - 5 week's rent (rent of £50,000 or over per annum - 6 week's rent) Unpaid rent - 3% above Bank of England base rate from Rent Due Date after 14 days in arrears.
Lost keys - Cost of replacement key or other security device/lock replacement/locksmith. £15/hour (inc. VAT) for extra costs incurred in time taken to replace keys. Variation of contract - £50 (inc.
VAT) per variation Change of sharer - £50 (inc. VAT) per replacement tenant Early termination - Landlord's costs in re-letting the property as well as rent due until start date of replacement tenancy.
Costs to be no more than the maximum amount of rent outstanding on the tenancy. RICS Client Money Protection Scheme R006768 The Property Ombudsman redress scheme R719
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 238B, Station Road, Edgware
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