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Wise Lane, Mill Hill, London NW7 - Image 1
Wise Lane, Mill Hill, London NW7 - Image 2
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Wise Lane, Mill Hill, London NW7

London

£3,500,000
Listed on 11/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3264 sqft

Description

This distinguished Grade II listed residence features five spacious bedrooms, two bathrooms, a dressing room, a library, a drawing room, and a kitchen/breakfast area alongside a dining room and multiple storerooms. Complementing this are double garage facilities and off-street parking available at the front of the property. The rear of the house boasts an expansive terrace that leads to an open-air summer house, all set within extensive private grounds.<br><br>The principal rooms enjoy a desirable south-facing orientation, flooding the interiors with natural light and providing picturesque views over the garden. The mature trees and bushes surrounding the property enhance its seclusion, making it an oasis in the vicinity.<br><br>Internally, this home is rich in historical character, showcasing numerous original features such as doors, ironmongery, fireplaces, cornicing, and sash windows. The layout comprises well-proportioned spaces that present an excellent foundation for restoration or renovation tailored to modern living needs.<br><br>This property represents an exceptional opportunity for investment; dating back to maps from 1780 and possibly earlier, it has existing consents related primarily to the summer house which opens up avenues for expansion in the side wing—allowing for additional accommodation that can cater directly to your specifications.<br><br>Moreover, subject to obtaining planning permissions, there is significant potential for further development on both the grounds of the existing home and on adjacent land—which includes an already lapsed planning permission for another family house nearby. Restoration and enhancement of this property could yield substantial returns while preserving its unique historical charm.

Investment Analysis

(NW7 area)

Above Market Value

This property is priced +70.2% above area average per sq ft

+70.2%
This Property
£1,072/sq ft
Area Average
£630/sq ft
Avg Rent (weekly)
£521
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£2,262,132
10% above area average per sq ft
Potential ROI
-38.0%
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
5%
Properties sold annually

Local Market Trend (NW7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 10.4%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on NW7 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

Wise Lane, Mill Hill, London NW7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£12,821
Based on a loan of £2,625,000 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.

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