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Fleet Road, London, NW3

London

£1,400,000

Listed on 03/09/2026

The listing

Property details

Bedrooms
4
Type
Terraced
Area
1536 sqft

Description

This charming Victorian terraced house is currently configured as two separate units but is being offered for sale as a single Freehold property. The ground floor apartment has been extended with a conservatory that opens onto a private rear garden, enhancing the living space. However, the upper portion of the house requires complete refurbishment, having remained unoccupied for several years, presenting an excellent opportunity for renovation and investment. With a total floor area of 1,536 sq ft, this property is ideally located near Parliament Hill and Hampstead Heath, providing easy access to green spaces and local amenities in Belsize Park and South End Green. Transport links are also convenient, with Hampstead Heath and Belsize Park stations within walking distance, offering connections to the City and West End. This property is perfect for those looking to create a bespoke family home or investment opportunity in a desirable London location.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

66out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This attractive Victorian terraced house presents a compelling opportunity for renovation enthusiasts. The asking price of £1,400,000 is notably cheap at £911/sqf, which is 17.6% below the local average of £1,106/sqf. This is an excellent chance to acquire a property in a desirable location near parks and transport links, and to create significant value through refurbishment. With a renovation budget of £100,000 to £200,000, there’s ample scope to transform this dated home into a modern living space that reflects contemporary tastes.

The property is currently arranged as two units, providing flexibility for various living arrangements or potential rental income. While the interior shows signs of neglect and requires extensive work, this creates a blank canvas for a savvy investor. The kitchen is functional but dated, allowing for a stylish upgrade, while the bathroom shows significant wear that could benefit from a full refurbishment. The living areas and bedrooms also need attention, offering a comprehensive renovation project for those looking to make their mark on this home.

Key opportunities

  • Cheap asking price compared to local £/sqf, allowing for acquisition below market value.
  • Flexible arrangement as two units, offering potential for rental income or family living.
  • Extensive renovation scope throughout the property to create a modern home.

Key risks

None recorded.

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Map

Location

Fleet Road, London, NW3
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£5,289
Based on a loan of £1,050,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

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