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Fleet Road, London NW3 - Image 1
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Fleet Road, London NW3

London

£450,000
Listed on 31/12/2025

Property Details

Bedrooms
1
Type
Flat
Area
433 sqft

Description

This ground floor one-bedroom apartment presents a unique opportunity for potential investors or those looking to add personal touches. With its own private patio garden and direct street access, the flat is ideally situated just a stone's throw from Hampstead Heath. Characteristic of its era, the property boasts practical built-in storage solutions that maximize space efficiency and offer flexibility for various layout modifications. Additionally, the low annual expenses, which encompass communal heating and hot water, make it an attractive option for long-term living or rental. The proximity to transport links at Gospel Oak and Belsize Park ensures easy travel across London while providing access to vibrant local amenities including shops, cafes, and delightful green spaces. This property not only serves as a cozy first home but also stands as a promising investment with potential for future appreciation. Early viewings are encouraged to explore the possibilities this flat has to offer.

Investment Analysis

(NW3 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£1,039/sq ft
Area Average
£1,113/sq ft
Avg Rent (weekly)
£807
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£530,050
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (NW3)

Area prices are falling by +10.5% over the last 12 months
3 year growth: -19.4%
5 year growth: -7.1%
Investment Disclaimer: Analysis based on NW3 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

Fleet Road, London NW3
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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
£1,648
Based on a loan of £337,500 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

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