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Woodstock Avenue, NW11

London

£350,000
Listed on 05/04/2025

Property Details

Bedrooms
2
Type
Flat
Area
574 sqft

Description

This two-bedroom first-floor flat on the sought-after Woodstock Avenue offers a promising investment opportunity, particularly appealing to those looking to enhance their portfolio. Currently tenanted by an elderly regulated tenant, the property generates a monthly income of £915, with a planned rent increase set for February 2026, ensuring a stable cash flow for the foreseeable future. The flat comes with several advantageous features, including a new 999-year lease that eliminates ground rent obligations. Additionally, it has loft extension rights, allowing for potential vertical expansion (subject to obtaining the necessary permissions). These factors not only contribute to the current value but also provide significant upside for future growth. Located in NW11, this property benefits from its proximity to local amenities and parks, making it an attractive option for both residents and tenants. Access to public transportation is convenient, further enhancing its desirability within the area. While the flat requires some modernization, this presents an excellent opportunity for value addition through renovations tailored to your vision. Updating the interior can not only improve rental yields but also cater to market demands. In summary, this flat combines a solid rental foundation with substantial potential for enhancement in a prime location. It represents an inviting prospect for investors looking to capitalize on future growth while maintaining steady income. For more details or to arrange a viewing, please reach out.

Investment Analysis

(NW11 area)

Below Market Value

This property is priced -20.6% below area average per sq ft

-20.6%
Potential saving
This Property
£610/sq ft
Area Average
£768/sq ft
Avg Rent (weekly)
£586
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£484,884
10% above area average per sq ft
Potential ROI
+27.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW11)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -10.2%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on NW11 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

Woodstock Avenue, NW11
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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
£1,282
Based on a loan of £262,500 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