Best areas to invest in property in Harrow

Looking to invest or buy property in Harrow for maximum ROI and rental yield benefits?

Find the top buy-to-let and rent-to-let property investment opportunities in Harrow.

Best areas to invest in Harrow

1. Harrow-on-the-Hill

Harrow-on-the-Hill is a historic area in Greater London with a strong community, good schools, and convenient transport links, making it a solid option for property investment.

• Housing: Mix of period properties and modern flats; mid to high-range prices
• Amenities: High Street shops, restaurants, Harrow School, St. Mary’s Church
• Transport: Harrow-on-the-Hill station (Metropolitan and National Rail)
• Notable: Historic area with prestigious schools; attractive to families and professionals

2. North Harrow

North Harrow’s diverse property market with detached houses at £966,000 and flats at £250,000 presents opportunities for investors as prices dip 1.5% in the last six months.

• Housing: 1930s semi-detached houses, some new developments; mid-range prices
• Amenities: Local shops, Yeading Brook Open Space, Headstone Manor Recreation Ground
• Transport: North Harrow station (Metropolitan line), good bus connections
• Notable: Quiet residential area with good schools; popular with families

3. West Harrow

West Harrow offers affordable property investment potential in 2024, with strong transport links and growth prospects due to ongoing regeneration.

• Housing: Victorian and Edwardian houses, some modern flats; mid-range prices
• Amenities: West Harrow Park, local shops, close to Harrow town center
• Transport: West Harrow station (Metropolitan line), easy access to A40
• Notable: Green spaces and good schools; mix of period charm and modern convenience

4. South Harrow

South Harrow, with an average house price of £488,000, is a promising investment location in 2024 due to its strong connectivity via the Piccadilly line and ongoing regeneration projects that boost housing supply and community development.

• Housing: Terraced houses, apartments; more affordable prices
• Amenities: Northolt Park, Alexandra Park, diverse local shops and restaurants
• Transport: South Harrow station (Piccadilly line), good bus routes
• Notable: Ongoing regeneration; potential for capital growth as area improves

5. Rayners Lane

Rayners Lane offers strong property investment potential with excellent transport links, a mix of residential and commercial properties, and high demand due to its proximity to London, making it ideal for rental income.

• Housing: 1930s semi-detached houses, new apartment developments; mid-range prices
• Amenities: Rayners Lane shopping parade, Roxbourne Park, local cafes
• Transport: Rayners Lane station (Metropolitan and Piccadilly lines)
• Notable: Multi-cultural area with a strong community feel; good rental potential near

What is the average rental yield in Harrow?

The average rental yield in Harrow is approximately 4.5%, based on data from propertydata.co.uk. The highest rental yield recorded is 4.9% in the HA1 postcode district, while the lowest is 3.0% in the HA6 postcode district.

Contact Pluxa Property to explore all property investment opportunities in Harrow

Pluxa Property, the leading property investment firm in the UK, can help you explore lucrative opportunities in the Harrow market. 

With over 10 years of expertise, we offer a wide range of services, including:

• Rent to serviced accommodations
• BRRR investments
• Buy to serviced accommodations in UK

Our team of experts can assist you in finding the right property, negotiating the best terms, and implementing effective management strategies to maximize your returns.

👉 Contact Pluxa Property today to start your property investment journey in Harrow.

FAQs

Is Harrow a good place to invest in?

Yes. Harrow, London, presents a promising investment opportunity due to its strategic location and ongoing regeneration projects. The area boasts a direct 11-minute train connection to central London, enhancing its appeal for commuters. Additionally, the recent development of Eastman Village will introduce over 2,000 new homes, along with commercial amenities, further boosting the local economy and property values.

What is the average monthly private rent in Harrow?

As of June 2024, the average monthly private rent in Birmingham is £1,601. This reflects an 11.4% increase from £1445 in June 2023, surpassing the overall rise in Harrow(London), which was 9.7% over the same period.

Is Harrow a good place for rent to let? 

Yes, Harrow is a good place for rent-to-let investments. The area offers a diverse range of properties, from flats to family homes, catering to various demographics, including young professionals and families. The average monthly rent in Harrow is currently around £1,269, with average rents for different types of houses or flats across Harrow borough ranging from £1,355 PCM for a one-bed property to £2,738 PCM for a five-bed property

What is the estimated payback period for rent to rent in Harrow?

The estimated payback period for Rent to Rent in Harrow is approximately 7 months, according to Pluxa Property. This timeframe is based on typical market conditions and investment strategies in the area.

How much initial investment do you need to invest in Harrow for rent to rent?

Investing in a rent-to-rent deal in Harrow through Pluxa Property requires an estimated initial investment of  £11,978. This could generate an estimated monthly profit of £1,550, leading to a total profit of £45,560 and an impressive ROI of 527%.