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Belfast Road, London

London

£3,000,000
Listed on 15/02/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
4500 sqft

Description

This combined property presents an intriguing investment opportunity with multiple avenues for development, pending necessary approvals. Comprising two adjoining structures within a well-established mews area, the site includes a two-storey former warehouse of approximately 3,060 sq ft and a single-storey garage space measuring around 1,500 sq ft. The warehouse is currently designated for residential use yet offers significant potential for reconfiguration or alternative applications, making it ideal for creative redevelopment. Meanwhile, the garage premises, held under a commercial title, is actively utilized as a mechanics workshop, providing immediate cash flow while also allowing for further expansion or adaptation. Both buildings benefit from separate access points and visibility onto Belfast Road, enhancing their operational capabilities and future development prospects. This property is perfectly positioned for investors looking to capitalize on its mixed-use potential in a growing area.

Investment Analysis

(N16 area)

Below Market Value

This property is priced -14.2% below area average per sq ft

-14.2%
Potential saving
This Property
£667/sq ft
Area Average
£777/sq ft
Avg Rent (weekly)
£461
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£3,847,388
10% above area average per sq ft
Potential ROI
+18.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (N16)

Area prices are falling by -6.4% over the last 12 months
3 year growth: -10.4%
5 year growth: -5.4%
Investment Disclaimer: Analysis based on N16 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

Belfast Road, London
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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
£10,820
Based on a loan of £2,250,000 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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