Belsize Avenue, Belsize Park, NW3
BE

Belsize Avenue, Belsize Park, NW3

By Benham & Reeves

£ 750,000

Reviews

2 out of 5 stars

Benham & Reeves says ..

An unmodernised first floor purpose-built apartment with porterage and communal gardens.

Property Oracle says ..

This two-bedroom, one-bathroom apartment located on Belsize Avenue in Belsize Park, NW3, presents a unique opportunity for a buyer looking for a property in a prime location but prepared for significant renovation. The property itself is dated and requires a complete overhaul; this is evident in the provided photographs which depict worn carpets, outdated kitchen and bathroom fixtures, and peeling walls. However, the significant advantage is the property’s location in the sought-after Belsize Park neighbourhood. The area is renowned for its attractive surroundings, excellent schools, and proximity to Hampstead Heath, a large public park offering green space, recreational activities, and picturesque views. The property’s access to public transport through Belsize Park tube station provides easy commuting. While the condition of the apartment itself needs significant improvement, the potential for increasing the property’s value after refurbishment should be considered when assessing the asking price of £750,000. The inclusion of access to communal gardens adds value, although the lack of a private garden is a notable drawback. Overall, this apartment is a sound investment for a buyer willing to undertake a substantial renovation project, balancing the cost of modernisation against the long-term benefits of living in such a desirable part of London. The absence of data regarding the property’s actual square footage limits the ability to perform a precise calculation of the price per square foot, making a conclusive valuation difficult.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
8
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
879.41
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Leaflet © OpenStreetMap contributors

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
1,755,238.00 £
Increased by 7.54 %
from 1,632,140.00 £
Est sale value
1,198,635.83 £
Decreased by 6.00 %
from 1,275,144.50 £
Average area rental value
2,800.00 £/mo
Increased by 23.51 %
from 2,267.00 £/mo
Est letting value
1,758.82 £/mo
Unchanged by 0.00 %
from 1,758.82 £/mo
Est rental Yield
1.91 %
Increased by 14.37 %
from 1.67 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Benham & Reeves created the listing.

Nearby Schools

NameTypeOfstedDistance
St Christopher'S SchoolOther Independent School0.18 KM
The ArtsxchangeFree Schools Alternative ProvisionGood0.26 KM
Rosary Catholic Primary SchoolVoluntary Aided SchoolGood0.32 KM
Hampstead Hill SchoolOther Independent SchoolOutstanding0.36 KM
Lyndhurst House Preparatory SchoolOther Independent School0.40 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Arkwright Road £ 000.00 KM
Belsize Terrace £ 1,247,50000.00 KM
South End Green £ 000.00 KM
Fleet Road £ 950,00000.00 KM
Harben Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hampstead Heath1413HDH0.67 KM
South Hampstead1451SOH1.47 KM
Finchley Road And Frognal1445FNY1.59 KM
Gospel Oak1409GPO2.07 KM
Kentish Town West1449KTW2.47 KM

Nearby Listings

AddressPriceTypeScoreDistance
Belsize Avenue, Belsize Park, NW3 £ 750,000BUY5 / 100.00 KM
Belsize Avenue, Belsize Park NW3 £ 1,000,000BUY6 / 100.03 KM
Belsize Avenue, Belsize Park, London, NW3 £ 1,000,000BUYUnknown0.04 KM
Belsize Avenue, Belsize Park £ 500,000BUY5 / 100.07 KM
Hillfield Court, Belsize Avenue, London, NW3 £ 440,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
44e Belsize Avenue £ 898,5000.06 KM
44c Belsize Avenue £ 490,0000.06 KM
44a Belsize Avenue £ 860,0000.06 KM
48 Belsize Avenue £ 4,500,0000.06 KM
35g Belsize Avenue £ 430,0000.07 KM