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Woodcote Avenue, Mill Hill, NW7 - Image 1
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Woodcote Avenue, Mill Hill, NW7

London

£650,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1154 sqft

Description

This inviting three-bedroom family residence presents an excellent opportunity for renovation and investment. The ground floor includes a bright reception room at the front and a spacious kitchen/dining area that overlooks the garden, creating potential for modern open-plan living. Additionally, there is a convenient downstairs WC. On the first floor, you will find three generously sized bedrooms and a contemporary family bathroom. The property also features a sizeable rear garden equipped with a versatile garden house that could serve as an office, gym, or playroom, alongside ample outdoor storage including a shed and large store room. With potential for extensions subject to planning permission, this home is situated in a peaceful residential street near well-regarded local schools and convenient transport links including Mill Hill East station and the amenities of Mill Hill Broadway. This property holds significant promise for families looking to invest in their future living space.

Investment Analysis

(NW7 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£563/sq ft
Area Average
£630/sq ft
Avg Rent (weekly)
£521
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£799,785
10% above area average per sq ft
Potential ROI
+14.3%
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

Woodcote Avenue, 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
£2,381
Based on a loan of £487,500 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