Worst House on the Street Logo
North Circular Road, London NW2 - Image 1
North Circular Road, London NW2 - Image 2
North Circular Road, London NW2 - Image 3

North Circular Road, London NW2

London

£495,000
Listed on 18/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
940 sqft

Description

This freehold three-bedroom house on North Circular Road offers an excellent canvas for renovation enthusiasts. Being chain-free, it presents a smooth transition for buyers eager to start their renovation journey. The property features a spacious reception room and a separate dining area on the ground floor, both leading to a private patio and garden, providing a lovely outdoor space for entertaining. Upstairs, there are two large bedrooms along with a smaller third bedroom, complemented by a family bathroom and a separate WC. The real opportunity lies in the potential for expansion; both attic conversion and rear extension are possible (subject to planning permission), which could significantly enhance the property's value. While some modernisation is needed throughout, this home provides an exciting prospect for those looking to imprint their personal style and increase its market appeal.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -17.3% below area average per sq ft

-17.3%
Potential saving
This Property
£527/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£658,555
10% above area average per sq ft
Potential ROI
+16.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -7.5%
5 year growth: 2.8%
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

North Circular Road, London NW2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,813
Based on a loan of £371,250 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE