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Greenbank Crescent, Hendon, NW4 - Image 1
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Greenbank Crescent, Hendon, NW4

London

£825,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1925 sqft

Description

This charming detached house, constructed in the 1930s, features four well-proportioned bedrooms and is located within a peaceful crescent, conveniently close to Southbourne Crescent. While the property has been maintained over the years, it presents an excellent opportunity for renovation, allowing prospective buyers to tailor the space to their individual tastes and preferences. The property sits on a generous plot, offering potential for extension or reconfiguration (subject to planning permissions), making it an attractive option for those looking to invest. Its location is particularly advantageous, with Bell Lane Primary School just a short distance away, along with various local shops, synagogues, and churches within half a mile. This combination of community amenities and residential character enhances its appeal for families and investors alike. With thoughtful updates and enhancements, this house could transform into a modern family home while retaining its original charm. Its solid structure provides a robust foundation for any renovations you may envision, ensuring that this property remains not only a comfortable living space but also a sound investment for the future.

Investment Analysis

(NW4 area)

Below Market Value

This property is priced -25.3% below area average per sq ft

-25.3%
Potential saving
This Property
£429/sq ft
Area Average
£573/sq ft
Avg Rent (weekly)
£444
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£1,214,069
10% above area average per sq ft
Potential ROI
+37.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW4)

Area prices are falling by +8.5% over the last 12 months
3 year growth: -17.1%
5 year growth: 3.2%
Investment Disclaimer: Analysis based on NW4 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

Greenbank Crescent, Hendon, NW4
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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
£3,022
Based on a loan of £618,750 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE