2 Bed Terraced House, Planning Permission, London, NW7 4BE, £750,000

Shakespeare Road, Mill Hill, NW7 4BE - 1 views - 14 days ago

Planning

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£382K - £630K
Sold Prices/m²	£5.7K/m² - £9.1K/m²

Square Metres	~68.11 m²
Price/m²	£11K/m²
Value Estimate	£493,627£493,627

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£187,500£187,500
Stamp Duty & Legal Fees	£63,700£63,700
Total Cash In	£251,200£251,200

Cash Out
Rent Range	£1,500 - £3,750£1,500 - £3,750
Rent Estimate	£1,631
Running Costs/mo	£2,690£2,690
Cashflow/mo	£-1,059£-1,059
Cashflow/yr	£-12,707£-12,707
Gross Yield	3%3%

Local Sold Prices

23 sold prices from £382K to £630K, average is £460K. £5.7K/m² to £9.1K/m², average is £7.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£495K	10/20	0.22 mi	Norah Cottage, Hammers Lane, London, Greater London NW7 4DY	£8,115	61	2	Semi-Detached House
£548.7K	02/24	0.22 mi	Norah Cottage, Hammers Lane, London, Greater London NW7 4DY	£8,314	66	2	Terraced House
£450K	01/23	0.62 mi	49a, Woodland Way, London, Greater London NW7 2JP	£6,438	70	2	Terraced House
£610K	09/22	0.77 mi	21, Featherstone Road, London, Greater London NW7 2BL	-	-	2	Detached House
£450K	06/23	0.83 mi	39, Benningholm Road, Edgware, Greater London HA8 9HF	£5,984	75	2	Terraced House
£575K	08/22	0.85 mi	20, Grenville Place, London, Greater London NW7 3SF	£9,127	63	2	Terraced House
£460K	01/21	0.86 mi	32, Brancaster Drive, London, Greater London NW7 2SJ	£8,214	56	2	Terraced House
£495K	10/20	0.86 mi	6, Sebergham Grove, London, Greater London NW7 2AU	£7,984	62	2	Terraced House
£595K	08/21	0.86 mi	14, Sebergham Grove, London, Greater London NW7 2AU	£7,628	78	2	Terraced House
£400K	03/21	0.88 mi	3, Briston Mews, London, Greater London NW7 2SG	£6,061	66	2	Terraced House
£403K	10/23	0.88 mi	53, Rivington Crescent, London, Greater London NW7 2LF	-	-	2	Terraced House
£510K	06/23	0.88 mi	49, Rivington Crescent, London, Greater London NW7 2LF	-	-	2	Terraced House
£630K	10/23	0.89 mi	24, Colenso Drive, London, Greater London NW7 2EB	£8,077	78	2	Semi-Detached House
£385K	06/21	0.89 mi	191, Abbots Road, Edgware, Greater London HA8 0RZ	£6,111	63	2	Terraced House
£550K	03/21	0.89 mi	88, Longfield Avenue, London, Greater London NW7 2SA	£8,333	66	2	Terraced House
£455K	11/22	0.9 mi	7, Rivington Crescent, London, Greater London NW7 2LE	£5,667	80	2	Terraced House
£560K	06/21	0.91 mi	61, Colenso Drive, London, Greater London NW7 2EA	£7,273	77	2	Terraced House
£521K	06/21	0.91 mi	40, Woodcote Avenue, London, Greater London NW7 2PE	£7,222	72	2	Semi-Detached House
£385K	04/23	0.91 mi	20, University Close, London, Greater London NW7 2LD	-	-	2	Terraced House
£382K	04/23	0.93 mi	42, Westmere Drive, London, Greater London NW7 3HE	£6,262	61	2	Semi-Detached House
£400K	11/23	0.94 mi	21, Field Mead, London, Greater London NW7 2LB	£6,154	65	2	Terraced House
£391K	10/20	0.94 mi	20, Field Mead, London, Greater London NW7 2LB	£6,109	64	2	Terraced House
£400K	12/22	0.97 mi	10, Wardell Close, London, Greater London NW7 2LG	-	-	2	Terraced House

Local Rents

49 rents from £1.5K/mo to £3.8K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	03/25	0.02 mi	-	2	Flat
£1,625	06/24	0.04 mi	Shakespeare Road, Mill Hill, NW7	2	Flat
£2,399	06/24	0.05 mi	Poet Mansion, London, NW7	2	Flat
£2,399	02/24	0.05 mi	-	2	Flat
£2,399	06/24	0.05 mi	-	2	Flat
£1,647	06/24	0.07 mi	Birkbeck Road, Mill Hill NW7	2	Flat
£3,750	06/24	0.19 mi	Hammers Lane, Mill Hill	2	Flat
£1,850	06/24	0.21 mi	-	2	Flat
£2,000	09/24	0.24 mi	Victoria Road, Golders Green	2	Flat
£1,700	07/24	0.26 mi	Daws Lane, Mill Hill, NW7	2	Flat
£1,700	08/24	0.26 mi	Daws Lane, Mill Hill, NW7	2	Flat
£2,300	06/24	0.27 mi	Dodson House, Medawar Drive, London	2	Flat
£1,695	06/24	0.28 mi	Consort House, Albert Road, Mill Hill	2	Flat
£1,895	06/24	0.28 mi	Lawrence Street, Mill Hill, NW7	2	Flat
£2,100	08/24	0.28 mi	Victoria Road, Mill Hill, London, NW7	2	Flat
£2,050	08/24	0.28 mi	Victoria Road, Mill Hill, NW7	2	Flat
£2,450	08/24	0.28 mi	Watford Way, Mill Hill, London, NW7	2	Flat
£2,250	08/24	0.28 mi	Watford Way, Mill Hill, London, NW7	2	Flat
£2,400	08/24	0.28 mi	Watford Way, Mill Hill, London, NW7	2	Flat
£2,600	08/24	0.28 mi	Watford Way, Mill Hill, London, NW7	2	Flat
£2,500	08/24	0.28 mi	Watford Way, Mill Hill, London, NW7	2	Flat
£2,900	08/24	0.28 mi	The Penthouse, Watford Way, Mill Hill, London, NW7	2	Flat
£1,500	11/24	0.3 mi	-	2	Flat
£3,500	06/24	0.31 mi	-	2	Flat
£1,650	09/24	0.34 mi	The Broadway, Mill Hill, NW7	2	Flat
£1,700	06/24	0.34 mi	The Broadway, Mill Hill, NW7	2	Flat
£3,000	06/24	0.35 mi	Sarason Apartments, Mill Hill	2	Flat
£2,495	06/24	0.36 mi	Titan Court, Flower Lane, Mill Hill	2	Flat
£1,999	07/24	0.37 mi	Interior Designed Modern Space - Balcony	2	Flat
£2,350	06/24	0.38 mi	Flower Lane, London, NW7	2	Flat
£2,250	06/24	0.4 mi	Titan Court, 1 Flower Lane, Mill Hill, London, NW7	2	Flat
£2,300	06/24	0.46 mi	The Broadway, MILL HILL	2	House
£2,195	06/24	0.46 mi	The Broadway, MILL HILL	2	House
£2,195	07/24	0.46 mi	The Broadway, MILL HILL	2	House
£2,195	07/24	0.46 mi	The Broadway, MILL HILL	2	House
£2,195	07/24	0.46 mi	The Broadway, MILL HILL	2	House
£2,195	07/24	0.46 mi	The Broadway, MILL HILL	2	House
£2,195	07/24	0.46 mi	The Broadway, MILL HILL	2	House
£2,195	07/24	0.46 mi	The Broadway, MILL HILL	2	House
£2,100	07/24	0.46 mi	The Broadway, MILL HILL	2	House
£2,000	02/24	0.5 mi	-	2	Flat
£2,000	02/24	0.5 mi	-	2	Flat
£2,000	02/25	0.5 mi	-	2	Flat
£1,850	06/24	0.5 mi	The Broadway, London, NW7	2	Flat
£1,850	08/24	0.5 mi	The Broadway, London, NW7	2	Flat
£2,550	03/25	0.54 mi	-	2	Terraced House
£1,800	06/24	0.55 mi	-	2	Flat
£2,300	09/24	0.55 mi	-	2	Flat
£2,999	08/24	0.55 mi	The Ridgeway, Mill Hill	2	House

Local Area Statistics

Population in NW7	25,13125,131
Population in London	4,771,9214,771,921
Town centre distance	8.47 miles away8.47 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.62 miles away0.62 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+5%+5%

Property History

Listed for £750,000

March 14, 2025

Floor Plans

Description

Two Double Bedrooms +
Large Outhouse +
Double Reception Room +
Potential to Extend +
Driveway and Garage +
Close to Mill Hill Park +

This charming cottage-style home offers two spacious double bedrooms and a generous double reception room. The kitchen, located at the rear, opens onto a lovely garden, leading to an outhouse equipped with a shower, living area and kitchen. The property has potential to extend, subject to planning permission.

Shakespeare Road is ideally located within the catchment area for several highly regarded schools and is within close proximity from Mill Hill Broadway Station, proving frequent travel links across the city.

Tenure: Freehold
Council Tax Band: E

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

Agent Details

Dexters, Finchley

020 8742 4180

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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