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Coles Green Road, London, NW2

London

£600,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1062 sqft

Description

This three-bedroom semi-detached house presents an appealing renovation opportunity for both investors and first-time buyers. Nestled in a well-established area of NW2, the property features a private driveway, a separate garage, and a spacious rear garden, all of which suggest significant potential for improvement and value enhancement. Internally, the layout includes three generously sized bedrooms and a separate reception room that could be reimagined into a modern living space. The kitchen offers possibilities for reconfiguration to suit contemporary tastes. While the property necessitates modernisation throughout, its solid structural integrity provides a reliable foundation for any refurbishment efforts. There is also room for extension or alteration, dependent on securing planning permission. The location is particularly advantageous for those commuting to Central London. Dollis Hill Underground Station (Jubilee Line) is situated just 0.8 miles away, making it a 15-minute walk for direct access to key areas of the city. Additionally, Cricklewood Thameslink Station is only 1 mile away (approximately a 20-minute walk), facilitating rapid train services to St Pancras International in under ten minutes. A variety of bus routes further enhance connectivity across North West and Central London. Local amenities are conveniently located within walking distance. Crest Road and Cricklewood Broadway offer shops, supermarkets, cafés, and essential services that cater to everyday needs. For leisure activities, Gladstone Park less than a mile away provides expansive green spaces ideal for outdoor pursuits such as walking or exercising. Overall, this property not only offers substantial renovation potential but also benefits from its strategic location within an accessible and vibrant community.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -11.3% below area average per sq ft

-11.3%
Potential saving
This Property
£565/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£744,027
10% above area average per sq ft
Potential ROI
+12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Coles Green Road, London, NW2
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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
£2,198
Based on a loan of £450,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE