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30 Chatsworth Road, Kilburn, London, NW2 4BS - Image 1
30 Chatsworth Road, Kilburn, London, NW2 4BS - Image 2
30 Chatsworth Road, Kilburn, London, NW2 4BS - Image 3
30 Chatsworth Road, Kilburn, London, NW2 4BS - Image 4
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30 Chatsworth Road, Kilburn, London, NW2 4BS - Image 6
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30 Chatsworth Road, Kilburn, London, NW2 4BS - Image 8
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30 Chatsworth Road, Kilburn, London, NW2 4BS

London

£3,000,000
Listed on 07/05/2025

Property Details

Bedrooms
15
Type
Detached house

Description

This property offers a substantial investment opportunity, featuring 15 rooms and a total of 99 bed spaces in a fully operational and licensed hostel. Ideally suited for investors, developers, or hospitality operators, the property is well-positioned for further development potential, subject to obtaining the necessary consents. Located on Chatsworth Road in Kilburn, this site benefits from its proximity to a variety of amenities along Willesden High Road, as well as an array of shops, bars, and restaurants on Kilburn High Road. The area’s vibrant community and accessible transport links make it an attractive destination for both short-term and long-term stays. The transport connections are noteworthy, with Kilburn Station just 0.2 miles away and Brondesbury Station at 0.3 miles, ensuring easy access to central London and beyond. Additionally, Brondesbury Park Station is within a convenient distance of 0.4 miles. There are notable planning prospects; previous consents were granted for a rear extension and dormer that could allow for the addition of more bed spaces. Further lapsed permission included plans for the conversion of the building into residential units comprising two two-bedroom maisonettes and two additional flats. Current planning has also been submitted for constructing an outbuilding in the garden and relocating existing structures. This property stands out as a promising project with significant renovation potential that can cater to both market demands while contributing to the growing hospitality needs in this bustling neighborhood.

Investment Analysis

(NW2 area)
Area Average
£637/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -7.5%
5 year growth: 2.8%
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

30 Chatsworth Road, Kilburn, London, NW2 4BS
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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
£10,990
Based on a loan of £2,250,000 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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