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Belsize Crescent, Belsize Park, London, NW3

London

£2,300,000
Listed on 03/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2324 sqft

Description

This end-of-terrace freehold house presents a compelling investment opportunity in Belsize Park, NW3, currently configured into three self-contained apartments. Each unit is well-maintained and ready for occupation but offers significant scope for enhancement and modernisation to increase rental yield or resale value. **Flat 1** features two bedrooms spread across the ground and lower ground floors, encompassing a generous 876 sq. ft. (81.3 sq. m). **Flat 2** is a one-bedroom flat situated on the first floor, providing 519 sq. ft. (48.2 sq. m) of living space, perfect for single professionals or couples. **Flat 3**, a two-bedroom duplex apartment measuring 929 sq. ft. (86.3 sq. m), stands out with potential for the addition of a roof terrace, enhancing outdoor living space and appeal. Located on Belsize Crescent, this property enjoys proximity to the vibrant culture of Belsize Village and access to green spaces like Hampstead Heath, alongside convenient transport links via Swiss Cottage and Belsize Park tube stations.

Investment Analysis

(NW3 area)

Below Market Value

This property is priced -10.0% below area average per sq ft

-10.0%
Potential saving
This Property
£990/sq ft
Area Average
£1,100/sq ft
Avg Rent (weekly)
£800
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£2,812,551
10% above area average per sq ft
Potential ROI
+17.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (NW3)

Area prices are falling by -9.3% over the last 12 months
3 year growth: -16.1%
5 year growth: -4.3%
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

Belsize Crescent, Belsize Park, London, NW3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£8,295
Based on a loan of £1,725,000 over 30 years at 4.06% 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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