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Flat D, 385 Finchley Road, Finchley, London, Camden, NW3 6HD - Image 1
Flat D, 385 Finchley Road, Finchley, London, Camden, NW3 6HD - Image 2
Flat D, 385 Finchley Road, Finchley, London, Camden, NW3 6HD - Image 3

Flat D, 385 Finchley Road, Finchley, London, Camden, NW3 6HD

London

£375,000Guide Price

Listed on 21/08/2026

The listing

Property details

Bedrooms
1
Type
Flat
Area
667 sqft

Description

Offered at auction, this vacant first-floor rear flat is set within a detached three-storey house divided into six flats. The accommodation comprises one bedroom, a lounge, kitchen, hall, bathroom and separate toilet, with a stated area of 667 sq ft. The property is leasehold for a term of 125 years from 2026 and is offered for modernisation. Finchley Road and Frognal station is stated to be about 200 metres away, with Finchley Road Underground and West Hampstead stations also within walking distance. Hampstead Heath is approximately one mile away.

WHOTS analysis

Our WHOTS verdict

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

68out of 100
Grade CPotential opportunity

Confidence: MEDIUM

At £375,000, this 667 sq ft flat is offered at about £562/sq ft, well below the local average of £1,106/sq ft—a strong acquisition point for a project. The separate reception and kitchen, period-style building and vacant possession give a buyer a clear canvas to rework the finishes and modernise the kitchen and bathroom. The street-facing views show no obvious major external failure, though they cannot confirm the roof or rear condition.

This is a hands-on project rather than a light refresh: the photographed interiors have worn floors and marked finishes, and a dark patch on a living-room wall needs investigating to establish whether there is an active moisture source. The £35,000–£60,000 renovation range gives a sense of the work involved; the calculated score is a C, with the low entry price and strong economics offset by weaker fundamentals and the scale of the job.

Key opportunities

  • Use the separate reception and kitchen as a starting point for a more considered layout and updated finishes.
  • Modernise the dated kitchen and bathroom, refresh the marked walls and make better use of the worn timber flooring.
  • Acquire a 667 sq ft vacant flat at a markedly lower £/sq ft than the local average.

Key risks

  • Worn floors, marked finishes and dated fittings across the photographed interiors, plus a dark wall patch whose cause should be investigated for a possible moisture source.
  • The £35,000–£60,000 works range and multiple areas needing attention make this a substantial, coordinated programme rather than a cosmetic refresh.

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Map

Location

Flat D, 385 Finchley Road, Finchley, London, Camden, NW3 6HD
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Finance

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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
£1,417
Based on a loan of £281,250 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.

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