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Selvage Lane, London

London

£1,075,000

Listed on 11/02/2026

Property details

Bedrooms
5
Type
Detached
Area
1615 sqft

Description

This sizeable five-bedroom detached residence in Mill Hill is situated on a generous corner plot, presenting significant renovation and development opportunities (subject to planning permission). The ground floor comprises an inviting porch, a separate TV room, and a spacious reception area alongside a well-equipped kitchen. It also includes a convenient ground-floor double bedroom with en-suite facilities, a utility room, and ample dining space. On the upper level, you will find two double bedrooms—one featuring a shower unit—as well as two smaller bedrooms, one of which is paired with a study or dressing area. The expansive landing suggests potential for conversion into loft space (STPP). The property boasts additional assets including a detached garage, gated driveway access, and private gardens that enhance its appeal. With abundant land and various entry points, there exists great scope for further development or modernization. An early viewing is encouraged to fully appreciate the investment potential this home offers.

Investment analysis

(NW7 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£666/sq ft
Area Average
£628/sq ft
Avg Rent (weekly)
£493
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,116,175
10% above area average per sq ft
Potential ROI
-5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NW7)

Area prices are rising by +11.4% over the last 12 months
3 year growth: +12.8%
5 year growth: +15.6%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,061
Based on a loan of £806,250 over 30 years at 4.45% 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

Price History

-2.3% since listed
£1,075,000£24,999(-2.3%)
16/06/2026
Current price
£1,099,999Initial listing
10/02/2026

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