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Melrose Avenue, London NW2 - Image 1
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Melrose Avenue, London NW2

London

£1,250,000
Listed on 25/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1866 sqft

Description

This well-appointed period home spans approximately 1,866 sq ft and is arranged over three levels, offering a blend of character and spaciousness. With a plethora of original features, including elegant fireplaces, high ceilings, and wooden flooring, this residence shows significant potential for modernization or renovation. The ground floor includes two sizeable reception rooms along with a separate dining area that could be reconfigured to suit contemporary living needs. A fitted kitchen opens up into a conservatory, leading directly to a secluded 74 ft garden which holds potential for extension (subject to planning permission), ideal for expanding the living space further. The first floor hosts three bedrooms, one of which benefits from access to a quaint front-facing balcony. A family bathroom and separate WC complete this level. The top floor reveals an expansive 22 ft loft room that can serve as an additional bedroom or versatile living space with views towards Gladstone Park. Located on Melrose Avenue, this property is within reach of the various amenities in Willesden Green and offers excellent transport links via Willesden Green station (Jubilee Line - Zone 2) providing quick access to Central London.

Investment Analysis

(NW2 area)

Above Market Value

This property is priced +4.7% above area average per sq ft

+4.7%
This Property
£670/sq ft
Area Average
£640/sq ft
Avg Rent (weekly)
£498
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,313,048
10% above area average per sq ft
Potential ROI
-1.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -5.4%
5 year growth: 0.0%
Investment Disclaimer: Analysis based on NW2 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

Melrose Avenue, London NW2
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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
£4,508
Based on a loan of £937,500 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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