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Selvage Lane, London

London

£1,099,999
Listed on 11/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
1615 sqft

Description

This generously sized five-bedroom detached residence is situated on a prominent corner plot in Mill Hill, presenting notable development opportunities (subject to planning permission). The ground floor boasts a welcoming entrance porch, a cozy TV room, a distinct reception area, and a kitchen that leads into both the utility room and dining space. Additionally, there is a convenient ground-floor double bedroom complete with an en-suite bathroom. The upper level comprises two spacious double bedrooms—one featuring a shower unit—as well as two smaller bedrooms, one of which could function as a study or dressing room. A family bathroom caters to this floor, while the expansive landing area shows potential for conversion into loft space (also subject to planning approval). Noteworthy features of this property include a detached garage and a gated driveway, alongside well-maintained gardens that provide privacy and ample outdoor space. Given the generous land and multiple access options available, this home is ripe for renovation and investment. Early viewings are strongly advised for those looking to capitalize on its potential.

Investment Analysis

(NW7 area)

Above Market Value

This property is priced +7.1% above area average per sq ft

+7.1%
This Property
£681/sq ft
Area Average
£636/sq ft
Avg Rent (weekly)
£526
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,129,410
10% above area average per sq ft
Potential ROI
-4.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NW7)

Area prices are falling by +6.4% over the last 12 months
3 year growth: 1.5%
5 year growth: 2.0%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,967
Based on a loan of £824,999 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.

Next Steps

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