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Woodland Way, Mill Hill, London, NW7 - Image 1
Woodland Way, Mill Hill, London, NW7 - Image 2
Woodland Way, Mill Hill, London, NW7 - Image 3
Woodland Way, Mill Hill, London, NW7 - Image 4
Woodland Way, Mill Hill, London, NW7 - Image 5

Woodland Way, Mill Hill, London, NW7

London

£650,000
Listed on 03/07/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1399 sqft

Description

This charming three-bedroom terraced house presents a compelling opportunity for those seeking a property with renovation potential in a sought-after residential area. Nestled just moments away from the vibrant shopping options and transport links of Mill Hill Broadway, including the Thameslink Station, this home is positioned for both convenience and accessibility. The interior features a generous layout with a reception room that invites natural light, complemented by a dining room and breakfast room on the ground floor, creating versatile spaces for everyday living. The kitchen offers a functional area that could benefit from modernization to suit contemporary tastes. On the first floor, you'll find three well-proportioned bedrooms along with a bathroom and separate WC, catering to family needs or guest accommodations. Outside, the property boasts an approximately 54ft south-westerly facing garden, providing an ideal outdoor space for relaxation or gardening enthusiasts. Additionally, there is off-street parking available for up to two cars, further enhancing the practicality of this home. Importantly, this property holds significant investment potential, with ample opportunity for extension or renovation (subject to obtaining necessary planning consents). Whether you are looking to create your dream home or capitalize on its rental prospects in a desirable location, this house is ready to be reimagined.

Investment Analysis

(NW7 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£465/sq ft
Area Average
£630/sq ft
Avg Rent (weekly)
£521
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£969,584
10% above area average per sq ft
Potential ROI
+36.6%
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 (NW7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 10.4%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on NW7 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

Woodland Way, Mill Hill, London, NW7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE