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Rudgwick Terrace, Avenue Road, London, NW8

London

£4,950,000
Listed on 11/12/2022

Property Details

Bedrooms
6
Type
Terraced house
Area
3676 sqft

Description

This expansive six-bedroom home presents a significant opportunity for renovation and investment in a desirable area. Spanning approximately 3,676 square feet, the property features a generous rear garden measuring 40 feet, along with an integral garage that enhances convenience and potential utility. Upon entering, you’ll find spacious living areas that can be reimagined to suit modern tastes. The principal bedroom includes an ensuite bathroom, while five additional bedrooms and two further bathrooms provide ample space for family or guests. A utility room and a separate guest WC add to the functionality of the layout. Situated within a gated development off Avenue Road, this property benefits from its proximity to notable local attractions. Just half a mile away, residents can enjoy the boutiques and cafes lining St John's Wood High Street. For easy commuting, St John's Wood Underground Station (Jubilee Line) is conveniently located only 0.4 miles from your doorstep. With its solid structure and prime location near Regent's Park and Primrose Hill, this home offers ample room for creative updates that can significantly enhance its value. It's an ideal candidate for those looking to invest in a project with promising returns in a sought-after neighborhood.

Investment Analysis

(NW8 area)

Above Market Value

This property is priced +17.1% above area average per sq ft

+17.1%
This Property
£1,347/sq ft
Area Average
£1,150/sq ft
Avg Rent (weekly)
£1,258
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£495,000 - £1,237,500
10-25% of property value
Target Value
£4,651,151
10% above area average per sq ft
Potential ROI
-24.8%
After renovation
Monthly Sales
14
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (NW8)

Area prices are falling by +10.5% over the last 12 months
3 year growth: -15.6%
5 year growth: -3.5%
Investment Disclaimer: Analysis based on NW8 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

Rudgwick Terrace, Avenue Road, London, NW8
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