6-bedroom house · NW6 1TG
For saleListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Dexters are delighted to introduce the sale of the freehold for 138 Mill Lane, West Hampstead, London NW6 1TG.
A substantial semi-detached Victorian house extending to over 2350 square feet/218 square metres and with the potential to refurbish or reconfigure into flats (subject to the necessary consents).
The building is arranged over four floors and is currently loosely arranged as flats and has the benefit of a south facing garden.
Location Mill Lane is well positioned in West Hampstead and is conveniently located to outstanding transport options including the Jubilee Line, Thameslink and Mildmay Line.
It is also just a short walk to West End Lane and Fortune Green Road with their multiple shopping and restaurant offerings. Tenure - Freehold HM Land Registry Title Number LN61298.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 138, Mill Lane, London, NW6
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