3 bed terraced house for sale

Alyth Gardens, London NW11

Provisional Structure (details to be confirmed & negotiated)
Lease Option Price (Deposit) - £150,000
Completion - 36 Months
Completion Price - £700,000

This house on Alyth Gardens, London, offers an exceptional low-cost investment opportunity through a lease option with a delayed completion agreement, perfect for buyers looking to develop a property while leveraging existing financing. Under this arrangement, the buyer will pay an initial deposit, cover the outstanding mortgage payments, manage the property's upkeep, and have the option to purchase the property at an agreed price within 12 to 36 months.

Spanning 1,162 square feet, the property includes two spacious reception rooms, three well-proportioned bedrooms, and two bathrooms, providing a solid foundation for comfortable family living or future rental potential. Built in 1935, the home retains its charm but requires modernisation, offering buyers the chance to add value and personal style. There is also the potential for loft and rear extensions, subject to planning permission, allowing for significant expansion and enhancement of the living space.

This flexible agreement enables buyers to develop and improve the property at their own pace, increasing its value before finalising the purchase. With its desirable location and scope for transformation, this property is an ideal choice for first-time buyers and investors alike, offering both immediate potential and long-term growth.