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THIS PROPERTY IS NO LONGER AVAILABLE

1 bed Apartment For Auction
Snowdon Drive, Edgware, London, NW9

£170,000
Starting Bid
  • Property at Snowdon Drive, Edgware, London
  • Property at Snowdon Drive, Edgware, London
  • Property at Snowdon Drive, Edgware, London
  • Property at Snowdon Drive, Edgware, London

Key Features

  • Tenanted investment producing £1,050 pcm
  • Gross yield circa 6 – 6.5 % at guide price
  • Long 151-year lease & no ground rent
  • Modern purpose-built block within Welsh Harp
  • Close to Hendon Thameslink & Colindale Metro
  • Low-maintenance, hands-off rental opportunity

Full Description

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TO BE SOLD BY ONLINE AUCTION ON 12TH NOVEMBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS

34 Snowdon Drive, London NW9 7RE

An income-producing one-bedroom investment within the ever-popular Welsh Harp Village development of West Hendon. This well-managed scheme remains a firm favourite with landlords thanks to its long leases, modest service charges, and strong tenant demand driven by excellent commuter links and ongoing regeneration across NW9.

Currently let on a rolling tenancy at £1,050 pcm, the flat generates a gross yield of c. 6 – 6.5 % at the guide price, outperforming the wider London average. The tenants have been in situ long-term with a consistent payment history, offering an immediate, low-maintenance return. Vacant possession could be explored following completion if required.

The property provides an entrance hall with storage cupboard, bright lounge/dining area, separate fitted kitchen, double bedroom and bathroom/WC. Positioned on the first floor of a modern purpose-built block, it benefits from landscaped communal grounds and good natural light throughout.

Welsh Harp Village sits between West Hendon & Kingsbury, moments from Hendon Thameslink Station (St Pancras ≈ 18 mins) and Colindale Underground – Northern Line, with the A5 Edgware Road, A406 North Circular and M1 J1 all close by. Local amenities include Brent Cross Shopping Centre, Welsh Harp Reservoir Nature Reserve and a wide range of supermarkets, schools and leisure facilities. The area continues to see steady capital growth supported by major schemes such as Colindale Gardens and Brent Cross Town.

Investment summary

Tenanted on rolling AST at £1,050 pcm / £12,600 pa

Forecast yield ≈ 6 – 6.5 % at guide price

Long lease (151 years remaining)

Low service charge ~ £1,296 p.a. (no ground rent)

Mortgageable size (≈ 31 sqm / 334 sq ft; EPC D)

Managed block / well-kept communal areas

Close to Hendon Thameslink & Colindale Underground

Ideal "set-and-forget" addition to any London rental portfolio

Lease: 151 years (unexpired) Service Charge: £1,296 p.a.

Ground Rent: Nil

EPC Rating: D

Council Tax Band: B (assumed)

Important Information

  • Council Tax Band: B
  • Tenure: Leasehold
  • Annual Service Charge: £1,738.98
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Energy Performance Certificate
Floorplan for Snowdon Drive, Edgware, London

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