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Newark Way, Hendon

London

£675,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
915 sqft

Description

This semi-detached family home offers a bright and spacious layout with three bedrooms and two reception rooms, making it an ideal canvas for renovation. The property presents ample opportunity to modernize and customize, with potential for extension, subject to planning permission. Located conveniently near Hendon Underground Station, residents will benefit from easy access to public transport and local amenities. This desirable area is known for its community feel and proximity to parks and schools, adding further appeal for families or investors looking to rent. The home is available chain-free, simplifying the acquisition process. With some updates and renovations, this property could not only enhance its livability but also significantly increase its market value in a growing neighborhood.

Investment Analysis

(NW4 area)

Above Market Value

This property is priced +28.7% above area average per sq ft

+28.7%
This Property
£738/sq ft
Area Average
£573/sq ft
Avg Rent (weekly)
£444
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £50,000
Target Value
£577,077
10% above area average per sq ft
Potential ROI
-20.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW4)

Area prices are falling by +8.5% over the last 12 months
3 year growth: -17.1%
5 year growth: 3.2%
Investment Disclaimer: Analysis based on NW4 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

Newark Way, Hendon
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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
£2,473
Based on a loan of £506,250 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