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Balmoral Road, London, NW2

London

£650,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
1238 sqft

Description

This end-of-terrace house, featuring three spacious double bedrooms, presents a unique opportunity for complete refurbishment in the desirable area of Willesden Green. The property is characterized by high ceilings and generously sized rooms that lend themselves well to modernizing according to personal preferences. The ground floor layout includes three reception rooms and a family kitchen, leading out to a charming south-facing garden that spans 21 ft, accessible from both the kitchen and a side entryway. Furthermore, an additional side gate offers easy access to the property from outside. On the first floor, you'll find three well-sized double bedrooms along with a kitchen and family bathroom. Positioned on Balmoral Road, the property boasts attractive views of nearby Victorian architecture, particularly from the front rooms. Given its condition, this house requires significant renovation throughout but also provides substantial potential for expansion both upwards and at the rear (subject to planning permissions). Balmoral Road is lined with trees in a sought-after neighborhood just a short distance from Gladstone Park and within close proximity to local amenities. Willesden Green station is conveniently located under ten minutes away on foot, offering excellent transport links to central destinations such as the West End and Canary Wharf via the Jubilee line.

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Investment analysis

(NW2 area)

Below Market Value

This property is priced -17.5% below area average per sq ft

-17.5%
Potential saving
This Property
£525/sq ft
Area Average
£636/sq ft
Avg Rent (weekly)
£497
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£866,241
10% above area average per sq ft
Potential ROI
+12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (NW2)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -2.9%
5 year growth: -1.2%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 over 30 years at 4.45% 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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