Description
Tenanted Apartment for Auction – 239 Beverley Drive, Queensbury, Harrow HA8 5NL
Introduction: Tenanted Apartment for Auction in Queensbury
Welcome to Palace Auctions London’s exclusive listing for a tenanted apartment for auction at 239 Beverley Drive, Queensbury, Harrow HA8 5NL. This purpose-built, mid-floor leasehold flat offers a rare opportunity for investors and buyers seeking immediate rental income in a thriving North West London location. With a secure 78-year lease, established tenancy, and proximity to key amenities, this tenanted apartment for auction stands out as a prime investment in the current market. The property’s one-bedroom layout, energy-efficient EPC rating, and access to excellent transport links make it ideal for both seasoned investors and first-time buyers. Explore the full details below and discover why this tenanted apartment for auction is one of the most attractive lots in our current auction catalogue.Prime Investment – Tenanted Apartment for Auction with 78-Year Lease
This tenanted apartment for auction at 239 Beverley Drive is a standout investment opportunity. The flat is currently let, providing instant rental income from day one. With 78 years remaining on the lease, the property is mortgageable by most mainstream lenders, making it accessible to a wide range of buyers. The leasehold status ensures long-term security, while the established tenancy reduces void risk and offers predictable cash flow. Investors will appreciate the balance of immediate returns and future value enhancement, especially with the option to extend the lease under current legislation. The property’s mid-floor position in a well-maintained block adds to its appeal, offering both privacy and convenience. For those seeking a tenanted apartment for auction in a high-demand area, this listing delivers on every front. The property is currently achieving £1215 per month £14,580 Annually.Accommodation and Layout – Spacious, Modern Living
Step inside this tenanted apartment for auction and discover a thoughtfully designed living space. The flat spans approximately 45 square metres (484 square feet), providing a comfortable environment for singles or couples. The accommodation includes a generous double bedroom, a bright reception room, a separate fitted kitchen, and a modern bathroom. Large windows ensure plenty of natural light, while neutral décor creates a welcoming atmosphere. The property benefits from secure entry, communal gardens, and on-street parking, enhancing both security and lifestyle. The layout is practical and efficient, with ample storage and well-proportioned rooms. Whether you are an investor seeking a low-maintenance asset or a buyer looking for a future home, this tenanted apartment for auction offers flexibility and comfort.Location Advantage – Tenanted Apartment for Auction in Queensbury
The location of this tenanted apartment for auction is one of its strongest selling points. Beverley Drive is a quiet, tree-lined street in the heart of Queensbury, a vibrant suburb in the London Borough of Harrow. Residents enjoy easy access to Queensbury Underground Station (Jubilee Line), just a short walk away. This provides direct connections to Bond Street, Westminster, Canary Wharf, and Stratford, making commuting effortless. Multiple bus routes, including the 79, 114, 288, 324, and N98 night bus, link the area to Edgware, Harrow, Mill Hill, Stanmore, and Kingsbury. For drivers, the nearby A406 North Circular Road offers rapid access to the M1 and A1, connecting you to the wider London region and beyond. The tenanted apartment for auction is perfectly positioned for both convenience and connectivity.Local Amenities – Shopping, Dining, and Leisure
Living at 239 Beverley Drive means enjoying a wealth of local amenities. The tenanted apartment for auction is close to Brent Cross Shopping Centre, one of London’s premier retail destinations with over 120 shops, including John Lewis, Fenwick, and Marks & Spencer. Harrow Town Centre offers high street brands, independent boutiques, and two major shopping centres: St Anns and St George’s. Queensbury Retail Park provides supermarkets, homeware stores, and casual dining options for everyday convenience. The area’s diverse dining scene features acclaimed restaurants such as The Regency Club, TigerBay Shisha Lounge, Carlton Lounge, and Meera’s Bar & Restaurant. Whether you crave international cuisine or local favourites, Queensbury delivers. The tenanted apartment for auction is also near parks, gyms, and leisure facilities, supporting a balanced and active lifestyle.Education and Schools – Family-Friendly Tenanted Apartment for Auction
Families and investors alike will value the outstanding educational provision near this tenanted apartment for auction. The HA8 postcode is home to top-rated primary schools, including Goldbeaters Primary School and Krishna Avanti Primary (both Ofsted Outstanding), as well as Camrose Primary and Edgware Primary (both Good). For secondary education, Canons High School (Good Ofsted) and the highly ranked London Academy offer excellent options. The abundance of quality schools supports strong rental demand and long-term capital growth, making this tenanted apartment for auction especially attractive to family tenants and owner-occupiers. The area’s educational diversity ensures every child’s needs are met, further enhancing the property’s investment appeal.Parks and Green Spaces – Urban Tranquillity
One of the unique features of this tenanted apartment for auction is its proximity to green spaces. Queensbury Park, just minutes away, spans 6.8 hectares and offers a playground, basketball courts, football pitches, a green gym, and a wetland area. Chandos Recreation Ground, recently upgraded, provides additional sports and leisure facilities. Residents can also explore Canons Park (Green Flag status), Bentley Priory Nature Reserve, and Fryent Country Park for walking, cycling, and relaxation. Over 20% of Harrow’s land is dedicated to parks and open spaces, with 80 green spaces across the borough. This abundance of greenery enhances quality of life and supports the well-being of residents in this tenanted apartment for auction.Healthcare and Community – Secure, Supportive Living
Healthcare provision near this tenanted apartment for auction is comprehensive. Local GP practices include Mollison Way Surgery, First Choice Medical Care, and Penshurst Gardens Surgery. The Clementine Churchill Hospital (private) and Northwick Park Hospital (NHS) offer a full range of medical and surgical services. Pharmacies, dental clinics, and opticians are also nearby, ensuring all healthcare needs are met. The area’s multicultural community is welcoming and vibrant, with active residents’ associations, community centres, and places of worship. This supportive environment makes the tenanted apartment for auction an excellent choice for families, professionals, and retirees seeking security and a sense of belonging.Leasehold Investment – 78-Year Lease and Auction Appeal
The 78-year lease on this tenanted apartment for auction is a key advantage for buyers. Most lenders require a minimum lease term of 70–85 years, so the property is mortgageable and attractive to both investors and owner-occupiers. As the lease drops below 80 years, “marriage value” becomes payable on extension, increasing costs. However, recent reforms under the Leasehold and Freehold Reform Act 2024 are set to abolish marriage value and extend lease terms to 990 years, reducing future costs. The property’s leasehold status, combined with its tenanted condition, makes it a strong performer at auction. Immediate rental income, low void risk, and the potential for value uplift through lease extension all contribute to its investment appeal. For more on leasehold rules, see GOV.UK leasehold guidance and the Leasehold Advisory Service. [caption id="attachment_21595" align="aligncenter" width="768"]
Property for sale tenanted apartment for auction : Two men stand outside a three-storey brick block of flats; one is near the black front door, smiling, while the other walks past on the pavement. The ground is wet, suggesting recent rain. Presented by Palace Auctions[/caption]
