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Watford Way, Mill Hill, London NW7 - Image 1
Watford Way, Mill Hill, London NW7 - Image 2
Watford Way, Mill Hill, London NW7 - Image 3

Watford Way, Mill Hill, London NW7

London

£1,750,000
Listed on 27/03/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This notable commercial property, previously utilized as a nursery, is ideally situated on a well-trafficked arterial route, ensuring maximum visibility and accessibility. With prominent frontage along Watford Way, the premises benefit from consistent passerby traffic, making it an excellent candidate for various commercial or educational ventures. The flexible layout allows for creative redevelopment opportunities pending necessary planning approvals. Located in the highly sought-after Mill Hill area, the property is surrounded by a diverse mix of residential and commercial entities and is close to essential amenities and transport links, including several bus routes and major road connections. This presents a valuable opportunity for owner-occupiers or investors looking to capitalize on a prime location in North West London with potential for significant value enhancement through renovation.

Investment Analysis

(NW7 area)
Area Average
£632/sq ft
Avg Rent (weekly)
£500
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NW7)

Area prices are falling by -6.8% over the last 12 months
3 year growth: +2.4%
5 year growth: +3.3%
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

Watford Way, Mill Hill, London NW7
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£6,312
Based on a loan of £1,312,500 over 30 years at 4.06% 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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