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Cheyne Close, London NW4

London

£405,000

Listed on 20/05/2026

Property Details

Bedrooms
4
Type
Flat
Area
1421 sqft

Description

This expansive four-bedroom apartment, located on the third floor (no lift), spans over 1,400 square feet and presents a promising renovation opportunity. The layout features a sizable reception area, a separate eat-in kitchen, a bathroom alongside a separate WC, and a private balcony that enhances the living experience. While the property is spacious and well-structured, it is in need of internal modernization, allowing prospective buyers to customize the space according to their style and preferences. This potential for personalization makes it an attractive option for both owner-occupiers and investors aiming to maximize rental yields. Conveniently situated near Hendon Central and Brent Cross with excellent transport links—including the Northern Line just minutes away—the location offers quick access to Central London. The connectivity extends beyond public transport with nearby road networks like the A41 and A406 providing easy travel routes. Local amenities, including a variety of shops and dining establishments, are within close reach, enhancing the appeal of this property as an investment or family home.

Investment Analysis

(NW4 area)

Below Market Value

This property is priced -49.4% below area average per sq ft

-49.4%
Potential saving
This Property
£285/sq ft
Area Average
£564/sq ft
Avg Rent (weekly)
£455
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£881,119
10% above area average per sq ft
Potential ROI
+98.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (NW4)

Area prices are rising by +6.9% over the last 12 months
3 year growth: -9.5%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on NW4 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

Cheyne Close, London NW4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,445
Based on a loan of £303,750 over 30 years at 3.97% 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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