The Market Place, Falloden Way, Hampstead Garden Suburb, London, NW11
MO

The Market Place, Falloden Way, Hampstead Garden Suburb, London, NW11

By Moreland

£ 450,000

Reviews

2 out of 5 stars

Moreland says ..

An ideal investment opportunity in this spacious and bright four bedroom second and third floor apartment with private balcony.

Property Oracle says ..

This four-bedroom apartment located in Hampstead Garden Suburb, London, presents a mixed bag of advantages and disadvantages. The location itself is a strong selling point. Hampstead Garden Suburb is renowned for its attractive residential environment, excellent local schools (several ‘Outstanding’ rated ones are within a kilometre), and relatively peaceful atmosphere. While not directly next to public transport, convenient connections to the Overground and Thameslink lines are within reasonable distance, providing access to broader areas of London. The property’s internal state, however, is a notable concern. Images indicate a need for considerable renovation, particularly in the kitchen and bathroom. The existing flooring in some areas looks newer, but the older elements such as the carpets in some bedrooms, and dated kitchen appear to need attention. The lack of any garden or outdoor space is a further drawback which limits the property’s appeal to those seeking outdoor space. The list price of £450,000 reflects the value of the location, but it is important to factor in the substantial costs of modernising the property to determine the overall financial viability. The apartment’s spaciousness and location in Hampstead Garden Suburb are significant draws, but potential buyers must carefully consider the costs associated with renovations before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
4
Bathrooms
3
Sqft (est)
1,138.50

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
2,363,074.00 £
Increased by 8.82 %
from 2,171,600.00 £
Est sale value
1,406,047.50 £
Increased by 41.63 %
from 992,772.00 £
Average area rental value
2,866.00 £/mo
Decreased by 5.88 %
from 3,045.00 £/mo
Est letting value
1,138.50 £/mo
Unchanged by 0.00 %
from 1,138.50 £/mo
Est rental Yield
1.46 %
Decreased by 13.10 %
from 1.68 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Moreland created the listing.

Nearby Schools

NameTypeOfstedDistance
Oak Lodge SchoolAcademy Special ConverterOutstanding0.58 KM
Oakbridge Special EducationSpecial Post 16 Institution0.64 KM
Christ'S College FinchleyAcademy ConverterGood0.81 KM
Brookland Junior SchoolCommunity SchoolOutstanding0.86 KM
Brookland Infant And Nursery SchoolCommunity SchoolOutstanding0.86 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Juliana Close £ 575,00000.00 KM
Bunkers Hill £ 000.00 KM
Eger Close £ 374,97500.00 KM
The Mead £ 327,00000.00 KM
Byron Drive £ 10,587,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Hampstead Heath1413HDH3.87 KM
Finchley Road And Frognal1445FNY3.98 KM
West Hampstead Thameslink1525WHP4.32 KM
West Hampstead1421WHD4.41 KM
Cricklewood1519CRI4.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Market Place, Falloden Way, Hampstead Garden Suburb, London, NW11 £ 450,000BUY4 / 100.00 KM
Bute Mews, Hampstead Garden Suburb, NW11 £ 1,395,000BUY7 / 100.06 KM
Bute Mews, Hampstead Garden Suburb, NW11 £ 1,295,000BUY7 / 100.07 KM
Bute Mews, Hampstead Garden Suburb £ 1,295,000BUY7 / 100.07 KM
Market Place Hampstead Garden Suburb NW11 £ 325,000BUYUnknown0.07 KM

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AddressPriceDistance
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4 Hill Rise £ 1,250,0000.15 KM
2 Hill Rise £ 750,0000.15 KM