Summary - 139 PARK ROAD LONDON NW4 3PA
4 bed 3 bath Terraced
Flexible layout offering two-flat conversion potential and garden studio, ideal for rental income..
Freehold mid-terrace, approximately 1,853 sq ft overall size
This newly renovated mid-terrace on Park Road offers flexible living or clear investor upside. Finished to a high standard throughout, the house provides four bedrooms (loft splittable to create a fifth), three bathrooms, a high-spec kitchen/diner and two reception rooms across approximately 1,853 sq ft. A converted garage functions as a garden studio, and porcelain flooring extends to the exterior for good indoor-outdoor flow.
Planning collaboration has already progressed: the property can be converted into two flats (a 2-bed and a 3-bed) with soundproofing installed. The conversion requires a split-level entrance to be completed, making this attractive for developers or buy-to-let portfolios. Market rent of around £5,000pcm is reported as achievable from September, underlining the income potential.
There are material local and structural considerations to weigh. The area scores high for crime and is socially deprived, which will affect tenant mix, resale and lettings. The building is a solid-brick terrace (c.1900–1929) with assumed lack of wall insulation and double glazing of unknown install date—further energy improvements may be needed. The rear garden is a decent size but currently overgrown and low-maintenance artificial lawn has been added.
Practical positives include freehold tenure, mains gas boiler and radiators, excellent mobile signal and fast broadband. Buyers should budget for completion works for the split-level entrance if pursuing the two-flat conversion, and consider insulation/upgrades to improve long-term running costs and marketability.
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