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Exeter Road, NW2 - Image 1
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Exeter Road, NW2 - Image 5

Exeter Road, NW2

London

£300,000
Listed on 14/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
452 sqft

Description

This generously sized one-bedroom flat, located on the first floor of a charming period building, retains many original features such as sash windows and intricate cornices, offering a glimpse into its historical character. However, the interior is in need of renovation, providing a unique opportunity for a buyer to reimagine and enhance the space according to their personal style and preferences. Nestled within the desirable Mapesbury Conservation Area, this property benefits from its proximity to transport links, including the Jubilee Line, making it convenient for commuting to central London. The surrounding neighborhood boasts a diverse selection of local shops, cafés, and restaurants, adding to the appeal of this vibrant community. With a lengthy 125-year lease and manageable annual service charges around £1,700 alongside no ground rent, this flat presents significant potential for both first-time buyers and investors. The current condition invites creative renovations that could substantially increase its value in an area known for its strong demand.

Investment Analysis

(NW2 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£664/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£316,667
10% above area average per sq ft
Potential ROI
-2.6%
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

Exeter Road, 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
£1,099
Based on a loan of £225,000 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