5 Bed Detached House, Planning Permission, London, NW7 3QY, £1,950,000

Millway, Mill Hill, NW7 3QY - 2 views - 6 months ago

Planning

~178 m²

+14 photos

ValuationOvervalued

Sold Prices	£610K - £3.2M
Sold Prices/m²	£3.2K/m² - £18.1K/m²

Square Metres	~178.28 m²
Price/m²	£10.9K/m²
Value Estimate	£1,154,099£1,154,099

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£487,500£487,500
Stamp Duty & Legal Fees	£204,950£204,950
Total Cash In	£692,450£692,450

Cash Out
Rent Range	£1,800 - £39,000£1,800 - £39,000
Rent Estimate	£2,156
Running Costs/mo	£6,545£6,545
Cashflow/mo	£-4,389£-4,389
Cashflow/yr	£-52,667£-52,667
Gross Yield	1%1%

Local Sold Prices

44 sold prices from £610K to £3.2M, average is £1.3M. £3.2K/m² to £18.1K/m², average is £6.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.0M	07/21	0.06 mi	81, Millway, London, Greater London NW7 3QT	-	-	5	Detached House
£1.7M	08/22	0.1 mi	4, Weymouth Avenue, London, Greater London NW7 3JE	£7,372	228	5	Detached House
£2.2M	01/23	0.19 mi	19a, Uphill Road, London, Greater London NW7 4RA	-	-	5	Detached House
£2.0M	12/22	0.21 mi	15, Uphill Road, London, Greater London NW7 4RA	-	-	5	Semi-Detached House
£2.3M	12/21	0.28 mi	63, Uphill Road, London, Greater London NW7 4PT	£7,797	295	5	Detached House
£1.3M	06/21	0.29 mi	15, Limes Avenue, London, Greater London NW7 3NY	£9,504	137	5	Detached House
£3.0M	07/23	0.3 mi	62, Uphill Road, London, Greater London NW7 4PU	£8,194	360	5	Detached House
£1.3M	12/20	0.3 mi	17, Limes Avenue, London, Greater London NW7 3NY	£6,467	196	5	Detached House
£1.7M	09/22	0.3 mi	30, Uphill Grove, Mill Hill, London, Greater London NW7 4NJ	£13,403	125	5	Detached House
£900K	06/21	0.33 mi	47, Brockenhurst Gardens, London, Greater London NW7 2JY	£5,882	153	5	Terraced House
£1.4M	11/21	0.33 mi	27, Lawrence Avenue, London, Greater London NW7 4NL	£7,510	180	5	Detached House
£900K	08/23	0.37 mi	3, Downhurst Avenue, London, Greater London NW7 3QA	£8,530	106	5	Semi-Detached House
£1.6M	11/20	0.44 mi	50, Marsh Lane, London, Greater London NW7 4QH	£6,480	250	5	Detached House
£730K	05/22	0.45 mi	24, Woodland Way, London, Greater London NW7 2JR	£4,563	160	5	Terraced House
£910K	02/23	0.45 mi	16, Woodland Way, London, Greater London NW7 2JR	-	-	5	Semi-Detached House
£1.5M	06/21	0.45 mi	56, Sunnyfield, London, Greater London NW7 4RG	£5,976	251	5	Detached House
£1.0M	02/21	0.45 mi	43, Marsh Lane, London, Greater London NW7 4QJ	£3,636	275	5	Semi-Detached House
£900K	02/21	0.46 mi	35, Sefton Avenue, London, Greater London NW7 3QE	£8,563	105	5	Semi-Detached House
£813K	01/24	0.48 mi	48, Ellesmere Avenue, London, Greater London NW7 3EY	£9,795	83	5	Semi-Detached House
£2.7M	08/22	0.48 mi	Chatsworth, Austell Gardens, London, Greater London NW7 4NS	£8,036	336	5	Detached House
£630K	06/21	0.51 mi	1, Hankins Lane, London, Greater London NW7 3AA	£5,625	112	5	Semi-Detached House
£1.9M	01/23	0.52 mi	1, The Reddings, London, Greater London NW7 4JN	-	-	5	Detached House
£1.1M	03/21	0.55 mi	64, The Reddings, London, Greater London NW7 4JR	-	-	5	Detached House
£880K	11/20	0.55 mi	26, Tennyson Road, London, Greater London NW7 4AS	£6,069	145	5	Semi-Detached House
£1.4M	01/21	0.56 mi	89, Marsh Lane, London, Greater London NW7 4LE	£5,777	251	5	Detached House
£703.5K	12/20	0.57 mi	24, Alders Road, Edgware, Greater London HA8 9QG	£5,330	132	5	Semi-Detached House
£940K	01/23	0.61 mi	89, The Reddings, London, Greater London NW7 4JP	-	-	5	Semi-Detached House
£1.6M	10/22	0.61 mi	131, The Reddings, London, Greater London NW7 4JP	-	-	5	Detached House
£720K	06/21	0.66 mi	10, Bedford Road, London, Greater London NW7 4LU	£5,000	144	5	Semi-Detached House
£2.2M	12/20	0.67 mi	2, Abbey View, London, Greater London NW7 4PB	£7,568	294	5	Detached House
£900K	08/23	0.67 mi	12, Winterstoke Gardens, London, Greater London NW7 2RA	£4,186	215	5	Semi-Detached House
£610K	03/21	0.72 mi	116, Fairmead Crescent, Edgware, Greater London HA8 8YP	£4,453	137	5	Semi-Detached House
£2.9M	01/21	0.76 mi	Murray House, Hammers Lane, London, Greater London NW7 4DY	-	-	5	Detached House
£700K	11/23	0.76 mi	52, Farm Road, Edgware, Greater London HA8 9LT	£5,983	117	5	Semi-Detached House
£1.3M	09/21	0.76 mi	53, Penshurst Gardens, Edgware, Greater London HA8 9TT	-	-	5	Detached House
£1.9M	03/21	0.79 mi	127, Wise Lane, London, Greater London NW7 2BD	£5,260	366	5	Detached House
£935K	06/21	0.81 mi	7, Priory Field Drive, Edgware, Greater London HA8 9PT	£5,343	175	5	Detached House
£1.4M	07/23	0.82 mi	16, Glenmere Avenue, London, Greater London NW7 2LU	£12,868	109	5	Detached House
£1.3M	07/23	0.89 mi	12, Penshurst Gardens, Edgware, Greater London HA8 9TP	-	-	5	Detached House
£744K	08/23	0.89 mi	73, Brook Avenue, Edgware, Greater London HA8 9UZ	-	-	5	Semi-Detached House
£675K	09/23	0.92 mi	50, St Margarets Road, Edgware, Greater London HA8 9UU	£3,214	210	5	Semi-Detached House
£1.3M	05/22	0.96 mi	48, The Drive, Edgware, Greater London HA8 8PT	£7,046	182	5	Detached House
£3.2M	06/21	0.97 mi	Northcote, The Ridgeway, London, Greater London NW7 1QX	-	-	5	Detached House
£2.8M	09/23	0.97 mi	80, Wise Lane, London, Greater London NW7 2RG	£18,109	156	5	Detached House

Local Rents

48 rents from £1.8K/mo to £39K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,817	06/24	0.12 mi	Millway, Mill Hill	3	Flat
£3,500	08/24	0.13 mi	Hale Grove Gardens, Mill Hill, NW7	4	Terraced House
£2,250	11/24	0.13 mi	-	3	Flat
£2,200	12/24	0.13 mi	-	3	Flat
£2,300	08/24	0.13 mi	Hale Grove Gardens, Mill Hill, NW7	3	Flat
£2,500	06/24	0.16 mi	Hale Grove Gardens, London, NW7	3	Detached House
£3,650	06/24	0.17 mi	Millway, Mill Hill, NW7	4	Detached House
£9,000	08/24	0.22 mi	Uphill Road London NW7	N/A	House
£4,900	08/24	0.22 mi	Uphill Road, London, NW7	5	Detached House
£2,100	08/24	0.22 mi	Hale Lane, London, NW7	3	Flat
£9,000	08/24	0.22 mi	Uphill Road, Mill Hill, NW7	5	Detached House
£4,000	06/24	0.23 mi	Watford Way, Mill Hill, NW7	6	Detached House
£7,500	06/24	0.23 mi	Hale Lane, Mill Hill	7	Flat
£2,150	07/24	0.28 mi	The Broadway, Mill Hill	3	Flat
£3,467	06/24	0.28 mi	Uphill Grove, Mill Hill, London NW7	4	Detached House
£3,000	02/24	0.32 mi	-	4	Semi-Detached House
£3,500	06/24	0.32 mi	Uphill Grove, Mill Hill, London, NW7	4	Detached House
£2,250	06/24	0.32 mi	Langley Park, London	3	Flat
£3,000	06/24	0.33 mi	Mill Hill NW7	4	Detached House
£3,995	06/24	0.34 mi	Hale Drive, Mill Hill	5	Detached House
£1,850	12/24	0.41 mi	-	3	Terraced House
£3,250	08/24	0.42 mi	-	4	Semi-Detached House
£5,250	07/24	0.42 mi	Marsh Lane, Mill Hill, NW7	5	Detached House
£5,250	09/24	0.42 mi	Marsh Lane, Mill Hill, NW7	4	Detached House
£5,350	03/25	0.42 mi	-	4	Detached House
£3,650	06/24	0.44 mi	Fernside Avenue, London, NW7	4	Detached House
£2,950	08/24	0.44 mi	Marsh Lane, Mill Hill, NW7	4	Semi-Detached House
£2,950	09/24	0.44 mi	Marsh Lane, Mill Hill, NW7	4	Semi-Detached House
£3,300	06/24	0.44 mi	-	4	Terraced House
£3,300	06/24	0.44 mi	-	4	Terraced House
£3,300	06/24	0.44 mi	-	4	Terraced House
£3,300	06/24	0.44 mi	-	4	Terraced House
£3,150	09/24	0.44 mi	-	4	Terraced House
£2,950	02/25	0.44 mi	-	4	Terraced House
£2,900	03/25	0.44 mi	-	4	Terraced House
£3,500	07/24	0.45 mi	Nicoll Circus, London	4	Terraced House
£2,300	06/24	0.46 mi	Woodland Way, Mill Hill, London, NW7	3	Flat
£2,300	07/24	0.46 mi	Woodland Way, Mill Hill, London, NW7	3	Flat
£2,300	08/24	0.46 mi	-	3	Flat
£2,500	07/24	0.46 mi	-	3	Flat
£3,350	03/25	0.47 mi	-	4	Terraced House
£3,600	07/24	0.47 mi	Sefton Avenue, Mill Hill, NW7	4	House
£39,000	09/24	0.47 mi	Holborn Close, Mill Hill, London, NW7	5	House
£2,600	12/24	0.47 mi	-	4	Semi-Detached House
£1,800	12/24	0.47 mi	-	3	Terraced House
£3,750	02/24	0.48 mi	-	5	Semi-Detached House
£39,000	08/24	0.48 mi	Holborn Close, London	4	House
£12,502	06/24	0.49 mi	Marsh Lane, Mill Hill, London, NW7	7	Flat

Local Area Statistics

Population in NW7	25,13125,131
Population in London	4,771,9214,771,921
Town centre distance	8.79 miles away8.79 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.34 miles away0.34 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 £1,950,000

October 1, 2024

Floor Plans

Description

A substantial 5 bedroom (3 bathroom), detached corner house, located just moments away from Mill Hill Broadway with its multiple shops, cafes & restaurants, as well its Thameslink station. Set back behind a carriage driveway & boasting a 90 ft (approx.) landscaped garden with heated outdoor swimming pool at the rear. Offering approx 2762 sq.ft (including garage and outbuiding) of accommodation arranged over just 2 floors; this fabulous family house provides ample entertaining space including 4 reception room & spacious kitchen/breakfast room. There is also potential to create more accommodation by converting the loft (subject to planning permission).

Agent Details

Godfrey And Barr, Mill Hill

020 3893 8760

Next Steps?

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

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