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The Reddings, London, NW7

London

£975,000
Listed on 26/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3670 sqft

Description

Nestled in a sought-after area of Mill Hill, this detached residence on The Reddings presents an excellent opportunity for those looking to invest or renovate. Spanning three levels, the home currently features two reception rooms, a fitted kitchen, four bedrooms, and a family bathroom, providing a solid foundation for modernization or expansion. A private driveway leads to an attached garage, while the rear garden offers a peaceful retreat with views of surrounding woodlands. The layout of the property allows for various possibilities, including potential side or rear extensions with the appropriate planning permissions. This makes it an ideal canvas for buyers looking to customize their living space according to personal preferences and needs. The property is offered with no onward chain, streamlining the purchasing process for interested buyers. With its proximity to Mill Hill Broadway—approximately 0.8 miles away—residents can enjoy easy access to a range of shops, cafés, and excellent transport links. This combination of location and potential makes it a compelling option for those seeking a long-term family home that can evolve alongside them.

Investment Analysis

(NW7 area)

Below Market Value

This property is priced -57.8% below area average per sq ft

-57.8%
Potential saving
This Property
£266/sq ft
Area Average
£630/sq ft
Avg Rent (weekly)
£543
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£97,500 - £243,750
10-25% of property value
Target Value
£2,542,906
10% above area average per sq ft
Potential ROI
+108.6%
After renovation
Monthly Sales
11
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (NW7)

Area prices are falling by +3.0% over the last 12 months
3 year growth: 10.2%
5 year growth: 4.8%
Investment Disclaimer: Analysis based on NW7 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

The Reddings, London, NW7
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