Burnt Oak Broadway, Edgware, Middlesex, HA8

Spacious Freehold Property with Planning Approved: Exceptional Investment & Development Opportunity**

Situated in the heart of a regeneration area, near to Edgware and Burnt Oak.

This large and spacious freehold property offers outstanding potential for families, first-time buyers, and investors alike. The property is vacant and ready to move into immediately, while also benefiting from multiple planning approvals that create a fantastic opportunity for further development or rental income.

The property currently comprises five bedrooms in total, with four bedrooms located on the first floor and one bedroom on the ground floor. There is a separate living room and kitchen, providing practical and flexible living space, along with two bathrooms, one conveniently located on the ground floor and the other on the first floor.

Externally, the property benefits from a private rear garden and a large outbuilding measuring approximately 5m x 5m, ideal for storage or potential future uses. To the front, the property offers driveway parking for one car.

Internally, the property is presented in good condition and may benefit from some modernisation to the buyers taste, however it is fully functional and ready for immediate occupation.

Important compliance upgrades have already been completed, including a newly upgraded fuse box, with Gas Safety Certificate and EICR available. There is a selective license actively granted for the property for a period of five years.

This property particularly stands out due to the planning permissions already granted, creating significant development and investment potential:

Application Reference: PL/1827/24 - Conversion of dwelling house into two flats (1 x 1-bedroom and 1 x 2-bedroom); bin and cycle storage; landscaping.*

Application Reference: PL/0408/24 - Single storey rear extension and construction of a rear outbuilding for storage.

Application Reference: PL/0537/23 - Certificate of Lawful Development (Proposed): Alterations to roof including wrap-around side to rear dormers with roof lights and roof lights in the front roof.

These permissions include approval for an L-shaped dormer loft conversio*, allowing for additional space and further enhancing the property's value.

Many properties along Burnt Oak Broadway have been successfully converted into HMOs, making this an attractive opportunity for investors seeking strong rental potential. In addition, the property already has a selective licence in place for renting, providing immediate flexibility for buyers looking to generate rental income.

Overall, this arge freehold property with planning approved presents a rare opportunity to acquire a spacious home with substantial development and investment potential, in a well-connected and established residential location.

Key Features

* Freehold property
* Five bedrooms (4 upstairs, 1 downstairs)
* Two bathrooms (ground floor & first floor)
* Separate living room and kitchen
* Spacious internal layout
* Private rear garden
* Large 5m x 5m rear outbuilding for storage
* Driveway parking for one car
* Vacant - ready to move in
* Newly upgraded fuse box
* Gas Safety Certificate and EICR available
* Planning approved for conversion into two flats
* Planning approved for L-shaped dormer loft conversion
* Strong investment potential
* Existing rental licence in place
* Located on a road where many properties have been converted into HMOs

A fantastic opportunity to purchase a spacious property with significant potential in a desirable location.