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Dicey Avenue, London NW2

London

£1,250,000
Listed on 03/10/2025

Property Details

Bedrooms
6
Type
Detached house
Area
2382 sqft

Description

This generously proportioned six-bedroom, semi-detached house spans 2,382 sq ft and presents an excellent opportunity for renovation. The ground floor features a large double reception room leading into a well-sized eat-in kitchen and a conservatory that fills the space with natural light, opening out onto a pleasant South West facing garden. An adaptable ground floor bedroom provides versatility as a study, accompanied by a shower room and separate WC. On the first floor, you'll find four spacious bedrooms along with a family bathroom that also includes a separate WC, creating ample accommodation for potential tenants or families. A loft extension adds another bedroom, enhancing the property's capacity. Additional storage options are available on both the first and second floors, with one of the bedrooms offering access to a balcony. The property further boasts off-street parking for multiple vehicles and presents exciting prospects for expansion at the rear or into the loft area, pending necessary planning permissions. Positioned on a tranquil residential street near the expansive greenery of Gladstone Park and close to various local amenities including cafes and restaurants, this location is also well-served by transport links such as Willesden Green (Jubilee Line zone 2) and Cricklewood (Thameslink). This property is ideal for investors looking to add value through renovation in a sought-after London neighborhood.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -17.6% below area average per sq ft

-17.6%
Potential saving
This Property
£525/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,668,805
10% above area average per sq ft
Potential ROI
+25.5%
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

Dicey Avenue, 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
£4,579
Based on a loan of £937,500 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