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Kenwyn Drive, London, NW2

London

£650,000
Listed on 06/03/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1412 sqft

Description

This extended centre terrace house presents a unique opportunity for buyers looking to invest in a property with significant renovation potential. Having been owned for 40 years, it features an enlarged kitchen/diner thanks to a ground floor rear extension, alongside a loft conversion that provides two additional bedrooms and the possibility for further development (subject to planning permission). The bedrooms are accompanied by ample living space, including a generous through lounge with a feature fireplace and double glazed patio doors leading to the garden. The property also benefits from side access and off-street parking in the front garden. With local amenities just half a mile away and bus services close by, this home is positioned well for both residential convenience and future value enhancement. A refurbishment could elevate this space significantly, making it perfect for modern living.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£460/sq ft
Area Average
£636/sq ft
Avg Rent (weekly)
£499
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£987,835
10% above area average per sq ft
Potential ROI
+41.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -5.3%
5 year growth: -0.6%
Investment Disclaimer: Analysis based on NW2 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

Kenwyn Drive, London, NW2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 over 30 years at 4.06% 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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