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North Circular Road, London NW2

London

£495,000
Listed on 10/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
940 sqft

Description

This three-bedroom freehold property offers a unique opportunity for buyers with a vision. Located in a vibrant neighborhood, the house features a spacious reception room and a separate dining area on the ground floor, creating a welcoming atmosphere for family and friends. The kitchen opens directly to a private patio and garden, providing an inviting outdoor space suitable for various activities. Upstairs, you will find two larger bedrooms alongside a smaller third bedroom, complemented by a family bathroom and a separate WC. The layout is functional and well-suited for families or those seeking additional guest space or home office options. A key highlight of this property is its renovation potential. There is scope to extend into the attic and expand at the rear of the ground floor, subject to obtaining the necessary planning permissions. While some modernization is needed, this presents an excellent chance to personalize the space and significantly increase its value. Set within an area known for its community feel and accessibility to local amenities, this property not only offers comfortable living but also represents an investment opportunity for those looking to capitalize on future growth in the region. This is an ideal project for anyone ready to transform a house into their dream home while enhancing its market value.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -17.3% below area average per sq ft

-17.3%
Potential saving
This Property
£527/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£658,555
10% above area average per sq ft
Potential ROI
+20.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

North Circular 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
£1,813
Based on a loan of £371,250 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