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Finchley Road, London

London

£999,999
Listed on 22/07/2025

Property Details

Bedrooms
5
Type
Terraced house

Description

This versatile four-storey end-of-terrace building presents a compelling opportunity for renovation and investment. The property features a garage and a mixed-use layout, making it suitable for various uses under local regulations. The lower ground floor currently functions as a studio flat but is in need of modernisation, offering the chance to enhance its appeal and rental value. On the ground floor, a commercial shop generates consistent rental income of £4,350 per quarter, providing immediate cash flow. Residential units occupy both the first and second floors, with each unit currently renting for £1,300 per month. These units are already yielding steady returns and have potential for further enhancements or modifications to increase their market value. Situated in a location that balances residential comfort with commercial viability, this property offers significant renovation potential for future appreciation. Investors looking to leverage existing income while revitalising the space will find this property an attractive prospect.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
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

Finchley Road, London
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,663
Based on a loan of £749,999 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