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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 expansive five-bedroom detached residence in Mill Hill is positioned on a generous corner plot, presenting significant development opportunities (subject to planning consent). The ground floor comprises a welcoming entrance area, a TV lounge, a separate reception room, and a kitchen that leads to a dining area. A double bedroom with an en-suite bathroom and a utility space complete this level. On the upper floor, you'll find two sizable double bedrooms—one equipped with a shower unit—alongside two smaller bedrooms (one serving as a study or dressing room) and a family bathroom. The ample landing space could be suitable for conversion into additional living area or bedrooms (STPP). Noteworthy features include a detached garage, secure gated driveway access, and well-kept gardens that ensure privacy. Given the extensive land available and multiple entry points, this property is ripe for transformation and offers significant investment potential. Early viewings are advised to fully appreciate its possibilities.

Investment Analysis

(NW7 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£681/sq ft
Area Average
£632/sq ft
Avg Rent (weekly)
£500
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,122,304
10% above area average per sq ft
Potential ROI
-5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NW7)

Area prices are falling by -6.8% over the last 12 months
3 year growth: +2.4%
5 year growth: +3.3%
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.

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