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Minster Road, London, NW2

London

£2,400,000
Listed on 03/10/2025

Property Details

Bedrooms
6
Type
Semi-detached house
Area
3983 sqft

Description

This semi-detached house presents a unique opportunity for renovation and investment in the highly desirable West Hampstead area. Located on the attractive Minster Road, the property stands out with its substantial footprint across three floors, offering significant potential for enhancement and customization to meet modern living preferences. With six spacious bedrooms and three bathrooms, the layout accommodates large families or offers ample room for guests. The living spaces include a bright lounge and a formal dining room, both designed for easy interaction and comfortable living. A well-sized kitchen/diner leads to a conservatory that overlooks a generous private garden, perfect for outdoor activities or peaceful retreats. The expansive rear garden is not only a lovely feature but also opens up possibilities for extension projects. Whether considering additional living space or outdoor enhancements, there’s significant scope to increase both the functionality and value of the property. Parking is another convenience, with space available for up to four cars, ensuring ease of access for residents as well as visitors. West Hampstead itself is known for its vibrant community atmosphere, offering a mix of boutique shops, cafes, restaurants, and excellent transport links that connect you seamlessly to Central London. This location not only enhances daily living but also ensures strong rental demand and potential appreciation in property values over time.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£603/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£2,790,450
10% above area average per sq ft
Potential ROI
+9.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -7.5%
5 year growth: 2.8%
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

Minster Road, London, NW2
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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
£8,792
Based on a loan of £1,800,000 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