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Melrose Close, Greenford, UB6

London

£495,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1249 sqft

Description

This three-bedroom mid-terraced property offers an opportunity ripe for personalization and enhancement. While the home is currently in need of modernization, it boasts a spacious layout that presents numerous possibilities for improvement. With two generous reception rooms, a dining area, and a fitted kitchen, the ground floor is functional and well-suited for family needs. The addition of a utility room and ground floor WC adds to its practicality. Upstairs, discover three good-sized bedrooms filled with natural light, complemented by a family shower room. The rear garden is particularly noteworthy, providing ample outdoor space perfect for families or those interested in gardening. There's also potential for a loft conversion (subject to planning permission), further increasing the property's value. Convenient side access to the rear garden enhances usability, while free on-street parking adds to the appeal. Located near essential amenities such as schools, parks, and transport links, this home presents significant investment potential for first-time buyers or seasoned investors looking to remodel into a dream residence.

Investment analysis

(UB6 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£396/sq ft
Area Average
£562/sq ft
Avg Rent (weekly)
£460
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£771,926
10% above area average per sq ft
Potential ROI
+41.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (UB6)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -2.5%
5 year growth: +2.5%
Investment Disclaimer: Analysis based on UB6 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

Melrose Close, Greenford, UB6
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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
£1,870
Based on a loan of £371,250 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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