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Upper Park Road, London, NW3

London

£4,900,000
Listed on 03/10/2025

Property Details

Bedrooms
7
Type
Semi-detached house
Area
3630 sqft

Description

This impressive seven-bedroom Victorian home presents an exceptional opportunity for renovation and investment in a highly desirable London neighborhood. Available for the first time in over a century, this property has been cherished by the same family for three generations, imbued with historical charm yet ripe for modernization. Situated on a tranquil, tree-lined street at the Belsize Park end, the residence spans four spacious floors. The garden level currently features a self-contained flat, which could serve as a private guest suite or rental opportunity. The property is in need of extensive refurbishment, making it an ideal blank canvas for those looking to craft a personalized family abode. With the necessary planning approvals, there is considerable potential to expand the living space both to the side and rear, allowing for greater versatility in layout. Inside, the house retains numerous period details that evoke its original grandeur, including high ceilings on the ground floor, decorative cornicing, and classic fireplaces. Once updated, this residence could showcase an impressive design: formal reception areas on the raised ground floor complemented by an expansive open-plan kitchen/dining area on the garden level. The upper floors offer generous bedroom accommodations featuring a principal suite with a dressing room and en-suite bathroom, alongside several additional bedrooms and bathrooms to cater to family needs. Outside, the property boasts a mature west-facing garden extending approximately 65 feet—ideal for outdoor gatherings—and a sizeable walled front garden that enhances privacy while providing curb appeal. The location adds further value; just a short walk away lies Belsize Park’s vibrant amenities and transport links (Northern Line), along with the quaint shops and cafés of England's Lane. This combination of features makes it not only an attractive family home but also a sound investment with significant potential for capital appreciation post-renovation.

Investment Analysis

(NW3 area)

Above Market Value

This property is priced +21.3% above area average per sq ft

+21.3%
This Property
£1,350/sq ft
Area Average
£1,113/sq ft
Avg Rent (weekly)
£807
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £800,000
Target Value
£4,443,610
10% above area average per sq ft
Potential ROI
-22.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (NW3)

Area prices are falling by +10.5% over the last 12 months
3 year growth: -19.4%
5 year growth: -7.1%
Investment Disclaimer: Analysis based on NW3 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

Upper Park Road, London, NW3
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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
£17,950
Based on a loan of £3,675,000 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