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The Reddings, NW7

London

£949,950
Listed on 19/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1469 sqft

Description

This four-bedroom detached home, spanning 1469 sq ft, is situated on an elevated plot in The Reddings, a sought-after area just under a mile from Mill Hill Broadway. With two reception rooms, a fitted kitchen, and a family bathroom, the property currently provides ample living space but also presents excellent opportunities for enhancement. The garage and off-street parking add to its functionality. Notably, this residence backs onto a serene woodland area, affording both privacy and picturesque views across London from its vantage point. The property is being offered chain free and is arranged over three levels. There is significant potential for further development with the possibility of side and rear extensions (subject to planning permission), allowing you to expand or reconfigure the space to better fit your vision. This offers a fantastic chance for those looking to invest in a prime location with great views and ample renovation potential.

Investment Analysis

(NW7 area)

Above Market Value

This property is priced +1.7% above area average per sq ft

+1.7%
This Property
£647/sq ft
Area Average
£636/sq ft
Avg Rent (weekly)
£526
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£1,027,308
10% above area average per sq ft
Potential ROI
+1.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

The Reddings, NW7
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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
£3,426
Based on a loan of £712,462 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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