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Salcombe Gardens, Mill Hill, London NW7 - Image 1
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Salcombe Gardens, Mill Hill, London NW7

London

£700,000
Listed on 10/04/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
538 sqft

Description

This spacious semi-detached house, featuring five bedrooms and two bathrooms, presents a fantastic renovation opportunity for investors or families looking to create their dream home. Located in a quiet residential area off Devonshire Road, the property benefits from proximity to esteemed schools and local amenities, while being approximately one mile from Mill Hill East tube station. The accommodation is spread over three floors: the ground floor offers a front reception room, dining room, and kitchen; the first floor consists of three bedrooms along with a bathroom and separate WC; and the second floor features two additional bedrooms and a shower room. With double glazing and gas central heating already installed, the property boasts an expansive rear garden of about 70ft, as well as an attached garage accessible via its own driveway that accommodates off-street parking for two vehicles. There remains significant potential for further expansion or modernization, pending necessary planning permissions.

Investment Analysis

(NW7 area)

Above Market Value

This property is priced +105.4% above area average per sq ft

+105.4%
This Property
£1,301/sq ft
Area Average
£634/sq ft
Avg Rent (weekly)
£488
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£374,935
10% above area average per sq ft
Potential ROI
-51.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (NW7)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +8.2%
5 year growth: +7.8%
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

Salcombe Gardens, Mill Hill, London NW7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,479
Based on a loan of £525,000 over 30 years at 3.91% 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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