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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

This semi-detached three-bedroom house presents a significant opportunity for renovation and expansion on a desirable road in London. With an existing private driveway, side garage, and a rear extension already in place, the property serves as a solid foundation for those looking to enhance their living space. Potential expansions could include a double storey side addition, further enlarging the rear extension, or even a loft conversion, all subject to obtaining the necessary permissions. The home is currently in need of comprehensive modernisation, making it an ideal blank canvas for buyers who wish to tailor their environment to personal preferences. Its ample size allows for various layout options and future adaptations that can easily accommodate growing family needs. Located within walking distance of Willesden Green Underground Station and close to the expansive Gladstone Park, this property combines convenience with potential. The mix of location, versatility, and ample space makes it a promising choice for families eager to invest in a long-term residence.

Investment Analysis

(NW10 area)

Below Market Value

This property is priced -5.3% below area average per sq ft

-5.3%
Potential saving
This Property
£590/sq ft
Area Average
£623/sq ft
Avg Rent (weekly)
£482
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,068,554
10% above area average per sq ft
Potential ROI
+5.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW10)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -5.9%
5 year growth: +8.4%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,318
Based on a loan of £690,000 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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