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Pennine Drive, London NW2

London

£650,000
Listed on 11/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
484 sqft

Description

This 3-bedroom semi-detached house is situated in the sought-after Golders Green Estate, providing excellent access to both Brent Cross and Golders Green. With the ongoing developments in the Brent Cross Town area, including a new Thameslink station expected to shorten travel times to Central London (Kings Cross St Pancras) to around 12 minutes, this property stands as a promising investment. While the home has been maintained fairly well, it presents an opportunity for modern updates and enhancements. There is substantial potential for expansion on both the ground and second floors, making it an attractive project for those looking to increase living space or value. The property is being sold chain free, offering a smooth path for new owners who wish to capitalize on its renovation prospects.

Investment Analysis

(NW2 area)

Above Market Value

This property is priced +110.5% above area average per sq ft

+110.5%
This Property
£1,343/sq ft
Area Average
£638/sq ft
Avg Rent (weekly)
£485
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£339,698
10% above area average per sq ft
Potential ROI
-51.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are rising by +3.1% over the last 12 months
3 year growth: -3.2%
5 year growth: -0.4%
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

Pennine Drive, London NW2
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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
£2,302
Based on a loan of £487,500 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.

Stamp Duty Calculator

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