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Woodcote Avenue, Mill Hill

London

£585,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
992 sqft

Description

This three-bedroom terraced house is situated in a sought-after cul-de-sac just off Pursley Road, offering both charm and untapped potential. The interior features a spacious combined kitchen and dining area measuring 20 feet, ideal for family gatherings or entertaining guests. Additionally, the 14-foot front reception room provides a comfortable living space that can be tailored to your taste. One standout feature of this property is the expansive 65-foot private rear patio and garden, which benefits from a westerly aspect, ensuring plenty of sunlight throughout the day. The side access enhances the usability of the outdoor space and opens up possibilities for future landscaping or enhancements. The house is equipped with double glazing and gas central heating, ensuring energy efficiency while maintaining comfort. Its location is advantageous, with local schools nearby making it suitable for families. There are also two off-street parking spaces available, adding convenience to daily living. Moreover, this property presents significant renovation opportunities. With appropriate consents in place, there is potential to extend and customize the home further to suit modern lifestyles or increase its market value. This combination of location, features, and renovation potential makes it an excellent investment opportunity in today's real estate market.

Investment Analysis

(NW7 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£590/sq ft
Area Average
£630/sq ft
Avg Rent (weekly)
£521
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£687,511
10% above area average per sq ft
Potential ROI
+11.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 10.4%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on NW7 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

Woodcote Avenue, Mill Hill
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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
£2,143
Based on a loan of £438,750 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