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Melrose Avenue, London NW2 - Image 1
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Melrose Avenue, London NW2

London

£1,499,950
Listed on 17/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1966 sqft

Description

This semi-detached Edwardian residence spans approximately 1,966 sq ft across two well-appointed floors, presenting an excellent opportunity for investors or those looking to create a bespoke family home. The ground floor is designed with both comfort and entertainment in mind, featuring a bright kitchen that benefits from southern exposure, skylights, and bi-fold doors leading to a substantial 82 ft garden that provides a tranquil retreat. Recent planning permission granted in January 2023 opens up the possibility for a loft extension, significantly increasing living space potential. The first floor includes a spacious principal bedroom with en-suite facilities, two additional bedrooms, and a contemporary family bathroom. Other appealing features include underfloor heating in key areas, off-street parking, and useful loft storage. Located on the sought-after Melrose Avenue in Willesden Green, this property is steps away from Gladstone Park and local amenities while offering excellent transport links to central London via Willesden Green (Jubilee Zone 2) and Cricklewood (Thameslink). Given its blend of period charm and modern functionality, this home awaits your vision for transformation.

Investment Analysis

(NW2 area)

Above Market Value

This property is priced +19.3% above area average per sq ft

+19.3%
This Property
£763/sq ft
Area Average
£640/sq ft
Avg Rent (weekly)
£498
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,383,415
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -5.4%
5 year growth: 0.0%
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

Melrose Avenue, London NW2
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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
£5,410
Based on a loan of £1,124,962 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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