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Grove Gardens, London

London

£600,000
Listed on 27/10/2023

Property Details

Bedrooms
3
Type
Semi Detached House
Area
921 sqft

Description

This three-bedroom semi-detached house offers a substantial opportunity for renovation in a sought-after London area. Featuring two spacious double bedrooms and a generously sized single bedroom, this property includes a bathroom, two distinct reception rooms, and a separate kitchen, making it ideal for reconfiguration to suit modern living standards. With the added advantages of off-street parking and a private garage, along with an expansive garden space, this unmodernised home presents an excellent blank canvas for potential buyers keen on investing in improvements or transforming it into their dream residence.

Investment Analysis

(NW4 area)

Above Market Value

This property is priced +15.3% above area average per sq ft

+15.3%
This Property
£651/sq ft
Area Average
£565/sq ft
Avg Rent (weekly)
£446
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£572,655
10% above area average per sq ft
Potential ROI
-17.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW4)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -13.1%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on NW4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Grove Gardens, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,125
Based on a loan of £450,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

+4.3% since listed
£600,000£15,000(-2.4%)
19/11/2024
Current price
£615,000+£40,000(+7.0%)
22/01/2024
£575,000Initial listing
26/10/2023

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