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Wellington Road, Kensal Rise NW10 - Image 1
Wellington Road, Kensal Rise NW10 - Image 2
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Wellington Road, Kensal Rise NW10 - Image 4
Wellington Road, Kensal Rise NW10 - Image 5

Wellington Road, Kensal Rise NW10

London

£825,000
Listed on 14/08/2024

Property Details

Bedrooms
4
Type
Detached house
Area
1424 sqft

Description

This four-bedroom residence is situated in a secure, gated community and spans four levels, providing ample space for both living and entertaining. With a total internal area of 1,390 square feet, the layout offers significant potential for renovation and personalization. While the property currently requires modernization, this presents a unique opportunity for buyers to tailor the home to their own specifications and preferences. The existing structure provides a solid foundation for enhancements that can increase both comfort and value. Located in a desirable area with access to essential amenities and transportation links, this property not only serves as a comfortable family home but also represents an attractive investment opportunity. The potential for upgrades allows for the possibility of capitalizing on market demand, making it an intriguing choice for those looking to invest in real estate or create their dream living space.

Investment Analysis

(NW10 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£579/sq ft
Area Average
£627/sq ft
Avg Rent (weekly)
£499
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£82,500 - £206,250
10-25% of property value
Target Value
£982,759
10% above area average per sq ft
Potential ROI
-4.7%
After renovation
Monthly Sales
30
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NW10)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -2.8%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on NW10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Wellington Road, Kensal Rise NW10
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