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The Reddings, Mill Hill, NW7

London

£875,000
Listed on 21/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1268 sqft

Description

This semi-detached home presents an excellent opportunity for renovators or investors looking to capitalize on its potential. Spanning approximately 1,268 square feet, the property features three bedrooms and offers a comfortable layout well-suited for family living. Upon entering, you are greeted by a spacious hallway that leads to a generous reception room, providing ample space for relaxation or entertaining. The kitchen and dining area is bright and airy, with direct access to the garden, making it an inviting space for gatherings. Additionally, the ground floor includes a conveniently located W/C. The first floor hosts a main bedroom complete with fitted wardrobes, plus two additional bedrooms that provide flexibility for use as children's rooms or a home office. A family bathroom completes this level. Outside, the property benefits from off-street parking—a valuable feature in residential areas—and there is significant potential for extension or renovation subject to planning permission. Nestled in a tranquil neighborhood, this home is just a short distance from Mill Hill Broadway, where you'll find a diverse selection of shops, restaurants, and strong transport links. The proximity to reputable local schools further enhances its appeal for families and investors alike. This property is sold chain-free, providing a straightforward transition for those looking to invest or create their ideal living space.

Investment Analysis

(NW7 area)

Above Market Value

This property is priced +9.5% above area average per sq ft

+9.5%
This Property
£690/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
£878,794
10% above area average per sq ft
Potential ROI
-2.9%
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

The Reddings, Mill Hill, NW7
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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
£3,205
Based on a loan of £656,250 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