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3 bedroom house for sale
South Hill Avenue, Harrow
£575,000
South Hill Avenue, Harrow
£575,000
Price History
Initial price | £650,000 |
13/11/24 | £575,000 |
Price Change | -11.54% |
Description
This development opportunity in South Harrow offers a unique chance to create two contemporary 3-bedroom homes or a spacious 3-4 bedroom family home or 4-5 room HMO rental property. With planning permission already granted, the existing unit can be demolished and replaced with two modern homes, each with 1260 sqft of living space and parking for both units. Alternatively, the existing unit can be extended to create a larger family home or HMO rental property, with a potential rental yield of £3800-£4300 per month. The property is conveniently located near South Harrow underground station and several bus routes, making it an ideal spot for commuters. Currently rented under an Assured Shorthold Tenancy agreement, the property offers an immediate income stream while also presenting opportunities for lucrative expansion.