4 Bed Detached House, Planning Permission, London, NW7 4PD, £1,395,000

Marsh Lane, Mill Hill, London, NW7 4PD - 6 months ago

Planning

~129 m²

+5 photos

ValuationOvervalued

Sold Prices	£610K - £1.8M
Sold Prices/m²	£3.8K/m² - £24.3K/m²

Square Metres	~129.26 m²
Price/m²	£10.8K/m²
Value Estimate	£906,493£906,493

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£348,750£348,750
Stamp Duty & Legal Fees	£123,800£123,800
Total Cash In	£472,550£472,550

Cash Out
Rent Range	£2,300 - £39,000£2,300 - £39,000
Rent Estimate	£2,750
Running Costs/mo	£4,929£4,929
Cashflow/mo	£-2,179£-2,179
Cashflow/yr	£-26,152£-26,152
Gross Yield	2%2%

Local Sold Prices

50 sold prices from £610K to £1.8M, average is £1.0M. £3.8K/m² to £24.3K/m², average is £6.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.4M	09/22	0.14 mi	Timbers, Highwood Hill, London, Greater London NW7 4ET	£8,813	160	4	Detached House
£1.4M	12/20	0.14 mi	38, Lawrence Gardens, London, Greater London NW7 4JT	£8,234	167	4	Detached House
£1.6M	06/21	0.16 mi	6, Marsh Close, London, Greater London NW7 4NY	£7,789	199	4	Detached House
£1.5M	09/22	0.22 mi	37, The Reddings, London, Greater London NW7 4JN	-	-	4	Detached House
£950K	04/23	0.22 mi	11, The Reddings, London, Greater London NW7 4JN	-	-	4	Detached House
£1.8M	07/21	0.25 mi	26, Tretawn Gardens, London, Greater London NW7 4NR	£13,433	134	4	Detached House
£1.3M	01/23	0.26 mi	87, Sunnyfield, London, Greater London NW7 4RE	£7,693	175	4	Semi-Detached House
£948.5K	10/21	0.26 mi	8, Glenwood Road, London, Greater London NW7 4LJ	-	-	4	Semi-Detached House
£1.6M	12/20	0.28 mi	Hendon Park Lodge, Highwood Hill, London, Greater London NW7 4HP	£24,265	68	4	Detached House
£675K	07/23	0.28 mi	10, Ramillies Road, London, Greater London NW7 4LX	£6,027	112	4	Semi-Detached House
£1.0M	12/22	0.28 mi	21, Worcester Crescent, London, Greater London NW7 4LP	-	-	4	Semi-Detached House
£930K	01/23	0.29 mi	17, Glenwood Road, London, Greater London NW7 4LH	-	-	4	Semi-Detached House
£920K	11/20	0.29 mi	33, Glenwood Road, London, Greater London NW7 4LH	£5,542	166	4	Detached House
£1.2M	06/21	0.32 mi	5a, Sunnyfield, London, Greater London NW7 4RD	-	-	4	Detached House
£1.2M	01/21	0.33 mi	45, Sunnyfield, London, Greater London NW7 4RD	£7,104	164	4	Semi-Detached House
£915K	01/21	0.37 mi	12, Lawrence Avenue, London, Greater London NW7 4NN	£7,320	125	4	Semi-Detached House
£717K	03/21	0.37 mi	16, Bedford Road, London, Greater London NW7 4LU	-	-	4	Semi-Detached House
£1.2M	08/22	0.37 mi	11, Tretawn Park, London, Greater London NW7 4PS	-	-	4	Detached House
£1.2M	10/22	0.38 mi	33, Lawrence Avenue, London, Greater London NW7 4NL	-	-	4	Detached House
£1.0M	10/22	0.39 mi	25, Lawrence Avenue, London, Greater London NW7 4NL	-	-	4	Detached House
£1.4M	07/23	0.41 mi	32, Uphill Grove, Mill Hill, London, Greater London NW7 4NJ	£8,396	166	4	Detached House
£1.2M	05/22	0.41 mi	42, Uphill Grove, Mill Hill, London, Greater London NW7 4NJ	£9,160	131	4	Terraced House
£1.5M	07/22	0.42 mi	5, Hankins Lane, London, Greater London NW7 3AA	£6,674	218	4	Detached House
£1.2M	06/21	0.43 mi	27, Uphill Grove, Mill Hill, London, Greater London NW7 4NH	-	-	4	Detached House
£1.5M	08/23	0.43 mi	53, Uphill Grove, Mill Hill, London, Greater London NW7 4NH	-	-	4	Semi-Detached House
£1.1M	03/21	0.43 mi	65, Uphill Grove, Mill Hill, London, Greater London NW7 4NH	£7,842	146	4	Terraced House
£1.3M	01/21	0.43 mi	43, Uphill Grove, London, Greater London NW7 4NH	£8,075	161	4	Detached House
£685K	10/20	0.5 mi	92, Barnet Way, London, Greater London NW7 3AL	£5,964	115	4	Semi-Detached House
£890K	03/23	0.5 mi	1, Croft Close, London, Greater London NW7 4QL	-	-	4	Detached House
£765K	12/20	0.5 mi	6, Croft Close, London, Greater London NW7 4QL	£5,667	135	4	Semi-Detached House
£1.1M	06/21	0.52 mi	34, Marsh Lane, London, Greater London NW7 4QP	-	-	4	Detached House
£850K	03/21	0.53 mi	21, Marsh Lane, London, Greater London NW7 4QN	£5,030	169	4	Semi-Detached House
£720K	05/22	0.53 mi	15, Green Avenue, London, Greater London NW7 4PX	£8,675	83	4	Terraced House
£845K	04/21	0.55 mi	12, Shakespeare Road, London, Greater London NW7 4BB	£6,450	131	4	Terraced House
£985K	03/24	0.56 mi	11, Shakespeare Road, London, Greater London NW7 4BA	£10,479	94	4	Terraced House
£710K	02/21	0.57 mi	Rookfield, Hammers Lane, London, Greater London NW7 4DJ	£5,035	141	4	Terraced House
£925K	10/20	0.58 mi	40, Milton Road, London, Greater London NW7 4AX	£7,520	123	4	Semi-Detached House
£875K	06/21	0.6 mi	49b, Hammers Lane, London, Greater London NW7 4DD	£6,481	135	4	Semi-Detached House
£900K	12/20	0.62 mi	69, Birkbeck Road, London, Greater London NW7 4BP	£6,870	131	4	Terraced House
£940K	08/22	0.65 mi	28, Victoria Road, London, Greater London NW7 4SB	£6,912	136	4	Terraced House
£983K	08/21	0.67 mi	42, Victoria Road, London, Greater London NW7 4RY	£6,923	142	4	Detached House
£650K	01/21	0.67 mi	20, Byron Road, London, Greater London NW7 4AD	£5,159	126	4	Semi-Detached House
£1.2M	07/23	0.68 mi	103, Millway, London, Greater London NW7 3JL	£5,970	193	4	Detached House
£610K	12/20	0.7 mi	37, Ellesmere Avenue, London, Greater London NW7 3EX	£3,836	159	4	Semi-Detached House
£1.0M	04/21	0.71 mi	66, Millway, London, Greater London NW7 3QY	-	-	4	Semi-Detached House
£1.4M	06/21	0.72 mi	20, Newcombe Park, London, Greater London NW7 3QL	-	-	4	Semi-Detached House
£1.4M	05/21	0.72 mi	18, Newcombe Park, London, Greater London NW7 3QL	£8,592	168	4	Semi-Detached House
£735K	12/20	0.73 mi	87, Daws Lane, London, Greater London NW7 4SE	£6,806	108	4	Semi-Detached House
£890K	12/22	0.76 mi	56, Selvage Lane, London, Greater London NW7 3SN	-	-	4	Detached House
£1.2M	11/20	0.76 mi	73, Millway, London, Greater London NW7 3QT	£5,813	209	4	Detached House

Local Rents

49 rents from £2.3K/mo to £39K/mo, average is £3.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,750	07/24	0.11 mi	Lawrence Gardens, Mill Hill, NW7	3	Detached House
£7,500	07/24	0.15 mi	Marsh Lane, Mill Hill, NW7	6	Detached House
£3,150	08/24	0.17 mi	Marsh Lane, Mill Hill, NW7	3	Flat
£7,500	09/24	0.18 mi	Marsh Lane, Mill Hill, NW7	6	Detached House
£2,750	08/24	0.18 mi	-	3	Flat
£2,650	12/24	0.18 mi	-	3	Flat
£3,150	08/24	0.18 mi	St. Hildas Mount, London, NW7	3	Flat
£3,400	03/25	0.19 mi	-	4	Semi-Detached House
£7,500	07/24	0.21 mi	Marsh Lane, Mill Hill	6	Detached House
£3,950	07/24	0.24 mi	Worcester Crescent, Mill Hill, NW7	4	Semi-Detached House
£4,000	06/24	0.24 mi	Austell Heights, Mill Hill NW7 4PG	3	Detached House
£3,750	02/24	0.24 mi	-	5	Semi-Detached House
£5,000	06/24	0.25 mi	The Ridgeway, Mill Hill	4	Flat
£3,000	06/24	0.29 mi	Glenwood Road, Mill Hill, NW7	4	Semi-Detached House
£3,000	07/24	0.29 mi	Glenwood Road, Mill Hill, NW7	4	Semi-Detached House
£3,000	09/24	0.3 mi	Worcester Crescent, Mill Hill, London, NW7	4	Semi-Detached House
£4,999	06/24	0.31 mi	The Ridgeway, London, NW7	5	Flat
£4,995	06/24	0.31 mi	Courtyard House, The Ridgeway, NW7 4BF	5	Flat
£5,000	06/24	0.31 mi	Courtyard House, The Ridgeway, Mill Hill, London, NW7	5	Flat
£2,495	07/24	0.31 mi	Ramillies Road, Mill Hill, NW7	4	Terraced House
£3,250	08/24	0.31 mi	-	4	Semi-Detached House
£4,999	06/24	0.33 mi	The Ridgeway, London, NW7	5	Flat
£4,996	06/24	0.33 mi	Courtyard House, The Ridgeway, Mill Hill, NW7	4	Flat
£39,000	08/24	0.36 mi	Holborn Close, London	4	House
£12,502	06/24	0.37 mi	Marsh Lane, Mill Hill, London, NW7	7	Flat
£6,400	06/24	0.37 mi	Bramley Close, Mill Hill	6	Detached House
£3,500	06/24	0.4 mi	Uphill Grove, Mill Hill, London, NW7	4	Detached House
£39,000	09/24	0.41 mi	Holborn Close, Mill Hill, London, NW7	5	House
£3,467	06/24	0.43 mi	Uphill Grove, Mill Hill, London NW7	4	Detached House
£3,150	06/24	0.45 mi	Westfield Road, London, NW7	3	Semi-Detached House
£3,150	07/24	0.45 mi	-	3	Semi-Detached House
£3,300	06/24	0.46 mi	-	4	Terraced House
£3,300	06/24	0.46 mi	-	4	Terraced House
£3,300	06/24	0.46 mi	-	4	Terraced House
£3,300	06/24	0.46 mi	-	4	Terraced House
£3,150	09/24	0.46 mi	-	4	Terraced House
£2,950	02/25	0.46 mi	-	4	Terraced House
£2,900	03/25	0.46 mi	-	4	Terraced House
£2,950	08/24	0.46 mi	Marsh Lane, Mill Hill, NW7	4	Semi-Detached House
£2,950	09/24	0.46 mi	Marsh Lane, Mill Hill, NW7	4	Semi-Detached House
£5,350	03/25	0.48 mi	-	4	Detached House
£5,250	07/24	0.48 mi	Marsh Lane, Mill Hill, NW7	5	Detached House
£5,250	09/24	0.48 mi	Marsh Lane, Mill Hill, NW7	4	Detached House
£2,300	08/24	0.5 mi	Barnet Way, Mill Hill, NW7	3	Semi-Detached House
£9,000	08/24	0.54 mi	Uphill Road London NW7	N/A	House
£4,900	08/24	0.54 mi	Uphill Road, London, NW7	5	Detached House
£9,000	08/24	0.54 mi	Uphill Road, Mill Hill, NW7	5	Detached House
£4,000	06/24	0.56 mi	Watford Way, Mill Hill, NW7	6	Detached House
£5,000	06/24	0.58 mi	The Ridgeway, Mill Hill, NW7	4	Flat

Local Area Statistics

Population in NW7	25,13125,131
Population in London	4,771,9214,771,921
Town centre distance	8.95 miles away8.95 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.96 miles away0.96 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 £1,395,000

October 1, 2024

Floor Plans

Description

Development Opportunity +
Plannning Permission For 3,800 SqFt +
To Comprise 6 Bedrooms +
6 Bathrooms +
4 Reception Rooms +
Existing Detached House +
4 Bedrooms +
2 Bathrooms +
Garage Plus Parking +
Premier Location +

DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION

An outstanding opportunity to purchase a 4-bedroom property on Marsh Lane, NW7, with approved planning permission for a complete knock down and rebuild into
a luxurious 6 double bedroom family home of circa 3,800sqft. This new build will offer an exceptional blend of modern elegance and convenience.

The approved plans include six generously sized double bedrooms, each with its own en-suite bathroom. The principal bedroom suite will feature vaulted ceilings,
dual dressing rooms, and a private sauna for the ultimate retreat.

Additional highlights of the design include a home lift, a dedicated laundry room, and a cinema room, all complemented by a spacious, open-plan living, kitchen, and
dining area. Expansive sliding doors will seamlessly connect the interior to the rear garden, perfect for indoor-outdoor living.

This detached property boasts a large driveway with space for 4-6 vehicles.

This modern, newly constructed home will replace the existing house and garage, offering a fresh, contemporary living experience in one of NW7’s most desirable
locations.

The current property features a welcoming entrance hall leading to a spacious 21' living room, which flows into the dining room and kitchen. Additionally, there is a
second reception room and a convenient ground floor WC. Upstairs, there are four bedrooms, with the principal bedroom boasting an en-suite bathroom. A family
bathroom and a separate WC complete the first floor.

Please be aware that some of the images shown are CGI representations of the proposed property, while the others depict the property in its current condition.

Viewing by appointment only.

Local Authority: Barnet
Tax Band: G
Tenure: Freehold

Agent Details

Statons, Totteridge

020 3869 4080

Next Steps?

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

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ValuationOvervalued

Investment OpportunityOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Investment Opportunity

Local Sold Prices

Local Rents