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Selvage Lane, London

London

£1,099,999

Listed on 11/02/2026

Property Details

Bedrooms
5
Type
Detached
Area
1615 sqft

Description

This generous five-bedroom detached residence, situated on a substantial corner plot in Mill Hill, presents an appealing opportunity for those looking to invest or renovate (subject to planning permission). The ground floor comprises a welcoming porch area, a cozy TV room, and a separate reception space. The kitchen is functional and well-positioned alongside a ground-floor double bedroom complete with an en-suite bathroom, utility room, and dining area.
On the upper level, the layout includes two spacious double bedrooms (one equipped with a shower unit), alongside two smaller bedrooms (one serving as a study or dressing area) and a family bathroom. The expansive landing hints at the potential for a loft conversion (subject to planning), offering exciting possibilities for additional living space.
The property is further enhanced by a detached garage, gated driveway, and well-kept gardens that ensure privacy. With ample land and multiple access points, this home stands as an excellent canvas for development projects. Early inspections are advisable to fully grasp its potential.

Investment Analysis

(NW7 area)

Above Market Value

This property is priced +7.6% above area average per sq ft

+7.6%
This Property
£681/sq ft
Area Average
£633/sq ft
Avg Rent (weekly)
£499
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,124,169
10% above area average per sq ft
Potential ROI
-4.7%
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
6%
Properties sold annually

Local Market Trend (NW7)

Area prices are rising by +5.6% over the last 12 months
3 year growth: +9.7%
5 year growth: +11.4%
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

Selvage Lane, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,924
Based on a loan of £824,999 over 30 years at 3.97% 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.

Stamp Duty Calculator

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