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Balmoral Road, London, NW2

London

£600,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1181 sqft

Description

This freehold property presents a compelling opportunity for both homeowner and investor alike, currently configured as two separate flats. Its unmodernized state offers an extensive canvas for renovation, allowing for the creation of a bespoke residence or the enhancement of existing rental potential. The layout is flexible, enabling options to either retain the dual flat structure or revert it to a spacious single-family home. With its generous proportions and solid foundations, this property is primed for a thoughtful refurbishment that aligns with individual preferences. Situated on Balmoral Road, it benefits from proximity to local amenities and excellent transport links, including Willesden Green Station on the Jubilee line (Zone 2), ensuring swift access to Central London. This property is available with no onward chain, highlighting its investment viability.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -21.0% below area average per sq ft

-21.0%
Potential saving
This Property
£508/sq ft
Area Average
£643/sq ft
Avg Rent (weekly)
£474
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£835,646
10% above area average per sq ft
Potential ROI
+21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 0.0%
5 year growth: +2.6%
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

Balmoral Road, London, NW2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,141
Based on a loan of £450,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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