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Waverley Gardens, London

London

£900,000
Listed on 28/01/2025

Property Details

Bedrooms
5
Type
Flat
Area
1335 sqft

Description

This freehold property comprises two separate 2-bedroom apartments and a studio apartment, making it an intriguing investment prospect. The location is highly advantageous, situated just a short walk from Hanger Lane Underground Station (Central Line), with rapid transport links to the A406 and A40, facilitating easy commutes to central London and other key areas. Additionally, its proximity to the Central Middlesex Hospital and Royal Leisure Park enhances its attractiveness for potential tenants and future development. Although the interiors require comprehensive updating, there is considerable scope for expansion and enhancement (subject to obtaining planning permission). This property stands as a compelling option for investors looking to make their mark in a desirable area with promising growth forecasts.

Investment Analysis

(NW10 area)

Above Market Value

This property is priced +8.5% above area average per sq ft

+8.5%
This Property
£674/sq ft
Area Average
£622/sq ft
Avg Rent (weekly)
£499
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£912,820
10% above area average per sq ft
Potential ROI
-10.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW10)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -4.9%
5 year growth: 11.0%
Investment Disclaimer: Analysis based on NW10 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

Waverley Gardens, London
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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
£3,297
Based on a loan of £675,000 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