North Lodge Margravine Gardens W68RL

North Lodge is a unique detached home tucked away in a peaceful setting on Margravine Gardens, offering an impressive 3,122 sq ft of living space and a standout 1,087 sq ft basement studio. This exceptional property features four bedrooms and four bathrooms, complemented by a bright open-plan kitchen, dining, and living area, perfect for both gatherings and private relaxation. The well-maintained exterior and wrap-around garden provide a lovely sense of greenery and privacy, while secure gated access and off-street parking are rare finds in this well-connected London location.

Despite its appealing features, the asking price of £2,950,000 translates to £945/sq ft, which is slightly above the local average of £906/sq ft. Additionally, the all-in costs (purchase plus renovation) appear tight compared to local benchmarks, making the economics of this project a bit challenging. However, with light refurbishment potential estimated between £40,000 and £80,000, buyers can still create significant value by enhancing this already distinguished property. The considerable potential for extension, subject to planning permission, adds further appeal for those looking to expand and customize their space.