Ridge Close – NW4 1ER | £1 300 000

1 Ridge Close, London NW4 1ER
For Sale
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Property Type: House Price: £1 300 000
Bedrooms: 7 Bathrooms: 3
Parking: Driveway Area: 2265 Sq. Ft.

Description

This detached 7-bedroom property is perfectly suited for an investment opportunity or family home. With available space to add a further 3 bedrooms downstairs the property could be converted into a 10-bedroom house of multiple occupancy (subject to licensing and planning*) with ease – the property is spacious and holds great potential.

A large reception room and fully equipped kitchen boast plush wooden flooring, adding a sense of clean and clear space throughout.

The second reception room leads out into a large, well-maintained outdoor space which contains two sheds for storage. The size of the space provides a suburban feel even in the heart of North London.

The extension provides an additional bathroom and two more rooms for use as bedrooms or even a home office space. Additional bedrooms could increase rental income substantially, with space for three more downstairs, the potential is undeniable.

The driveway is large enough for multiple vehicles whilst additional street parking is available too.

Tucked away in a cul-de-sac the property is given a semblance of extra security whilst remaining in close proximity to the local area. The property is situated within a short distance of Hendon Central, Mill Hill East and Finchley Central stations it is a 30 minute commute into central London.

A number of nearby bus routes provide more public transport accessibility.

Other local amenities include restaurants, cafes, schools, parks and a nearby health centre.

Investment Opportunity

The property is just 5 minutes from Middlesex University, making it ideal for student housing and would allow each bedroom to be let separately, providing a total potential yearly income of £108,000 (average of 8/9% yield).*

Key features

  • Freehold
  • EPC rating D
  • Detached House
  • Ample off road parking
  • Large garden with 2 Sheds/Storage
  • Quiet cul-de-sac
  • Fabulous travel connections to London
  • 5 minutes from Middlesex University
  • Potential to convert into a student let

Ground floor

  • 2 large reception rooms
  • Dining/ reception room
  • WC
  • Separate kitchen

First floor

  • 7 bedrooms (master with ensuite)
  • 2 further bathrooms

Contact Karan Davatwal on 07734 806 386 or email karandavatwal@waltonestates.co.uk to arrange a viewing.


Energy Performance Certificate


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Property Bochure


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£1 300 000
7 Bedrooms
3 Bathrooms
2265 Sq. Ft.
Ridge Close – NW4 1ER

Enquire About This Property

Contact us to arrange a valuation or consultation on 0207 581 4540 or 0788 764 4929