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Park Avenue North, London, NW10

London

£920,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1559 sqft

Description

Nestled in a desirable location, this three-bedroom semi-detached house presents a remarkable opportunity for renovation and investment. The property features off-street parking via a private driveway and a side garage, along with an existing rear extension that lays the groundwork for further enhancements. With the appropriate permissions, prospective buyers could explore the potential for additional extensions, such as a double storey side addition or a loft conversion, which could substantially increase the living space and overall value of the home. While full modernisation is required throughout, this offers an ideal opportunity for those wanting to craft their own unique living environment tailored to personal preferences. The spacious layout allows for creative freedom to adapt the house for both current lifestyles and future needs. Located on Park Avenue North, this home benefits from its proximity to Willesden Green Underground Station, just a short walk away, as well as access to Gladstone Park’s expansive green spaces and recreational facilities, enhancing its appeal in a family-friendly neighbourhood. This property truly represents a blank canvas with considerable potential for long-term growth.

Investment Analysis

(NW10 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£590/sq ft
Area Average
£622/sq ft
Avg Rent (weekly)
£499
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£65,000 - £95,000
Target Value
£1,065,982
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
32
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW10)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -4.9%
5 year growth: 11.0%
Investment Disclaimer: Analysis based on NW10 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

Park Avenue North, London, NW10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,370
Based on a loan of £690,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE