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Salcombe Gardens, Mill Hill, London, NW7 - Image 1
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Salcombe Gardens, Mill Hill, London, NW7

London

£700,000
Listed on 20/03/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
1383 sqft

Description

This extended semi-detached home features five bedrooms and two bathrooms, situated in a quiet residential street off Devonshire Road. The property is ideally located near well-regarded schools and local shops, with Mill Hill East tube station just around a mile away. Although the house requires modernisation, it offers a generous layout across three floors. The ground floor includes a front reception room, dining area, and kitchen, while the first floor has three bedrooms along with a bathroom and separate WC. On the second floor, there are two additional bedrooms and a shower room. Notable features include double glazing, gas central heating, and a spacious rear garden measuring approximately 70ft. An attached garage accessed via the own driveway provides parking for two vehicles. The property presents further potential for expansion or reconfiguration (subject to obtaining necessary planning consents), making it an excellent investment opportunity for those looking to add value through renovation.

Investment Analysis

(NW7 area)

Below Market Value

This property is priced -19.9% below area average per sq ft

-19.9%
Potential saving
This Property
£506/sq ft
Area Average
£632/sq ft
Avg Rent (weekly)
£500
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£961,081
10% above area average per sq ft
Potential ROI
+26.5%
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

Salcombe Gardens, Mill Hill, London, 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
£2,525
Based on a loan of £525,000 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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