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Ridge Close, London, NW4 - Image 1
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Ridge Close, London, NW4

London

£649,950
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1189 sqft

Description

This detached bungalow features three generously-sized double bedrooms and is nestled within a quiet cul-de-sac in Hendon, an area known for its community-oriented atmosphere. With over 1,180 square feet of living space, the layout includes a light-filled living room and a spacious eat-in kitchen on the ground floor, along with two double bedrooms and a well-appointed bathroom. The upper level is dedicated to a master bedroom complete with an en-suite shower room. The property boasts a mature rear garden, providing an inviting outdoor space for relaxation or potential landscaping enhancements. A driveway offers off-street parking, adding convenience for residents and guests alike. Additionally, there is ample eaves storage available, further optimizing the home's functionality. Notably, there is significant potential for renovation or extension subject to obtaining the necessary planning permissions. Situated close to Mill Hill East Underground Station on the Northern Line, this property allows for easy commuting into central London. The surrounding area is well-served by local schools and synagogues, catering to families and community needs. Nearby parks such as Dollis Brook and Windsor Open Space offer green spaces for outdoor activities. This residence presents not only a comfortable family home but also an opportunity for investment that could enhance its value through modernization or expansion. Being sold chain-free adds to the appeal for prospective buyers looking to move quickly.

Investment Analysis

(NW4 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£547/sq ft
Area Average
£573/sq ft
Avg Rent (weekly)
£444
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£749,884
10% above area average per sq ft
Potential ROI
+8.7%
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

Ridge Close, London, NW4
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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
£2,381
Based on a loan of £487,462 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