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High Road, Willesden, NW10 2TE

London

£279,950
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
876 sqft

Description

This first-floor flat, situated above a shop on a bustling high road, presents a unique opportunity for those looking to invest in a property with renovation potential. Comprising two bedrooms—one generous double with built-in storage and a single room—along with a reception area, kitchen, and bathroom equipped with essential fixtures like a shower cubicle, pedestal basin, and WC, the layout is practical and functional. While the internal spaces could benefit from modernization, the property already features gas central heating and boasts a private lobby entrance. Notably, significant enhancements are underway; the current owner is contributing £25,000 towards essential upgrades including a new roof and double-glazed windows, which will not only enhance the living experience but also improve long-term value. Located just 0.4 miles from Willesden Junction Station—serving both the Bakerloo Line and London Overground—the location offers excellent transportation options. Residents will enjoy proximity to an array of local shops, diverse dining options, and green spaces such as Roundwood Park. The leasehold currently has 112 years remaining, with manageable ongoing costs: Council Tax Band C is approximately £1,896 annually; ground rent is set at £50 per year; and service charges total £350 annually. This property represents a well-positioned home that invites creative updates while also benefitting from substantial improvements already in progress.

Investment Analysis

(NW10 area)

Below Market Value

This property is priced -48.6% below area average per sq ft

-48.6%
Potential saving
This Property
£320/sq ft
Area Average
£622/sq ft
Avg Rent (weekly)
£499
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £25,000
Target Value
£598,974
10% above area average per sq ft
Potential ROI
+96.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

High Road, Willesden, NW10 2TE
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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
£1,026
Based on a loan of £209,962 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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