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Leconfield Road, Newington Green, Highbury, London - Image 1
Leconfield Road, Newington Green, Highbury, London - Image 2
Leconfield Road, Newington Green, Highbury, London - Image 3
Leconfield Road, Newington Green, Highbury, London - Image 4
Leconfield Road, Newington Green, Highbury, London - Image 5

Leconfield Road, Newington Green, Highbury, London

London

£1,750,000
Listed on 22/09/2023

Property Details

Bedrooms
4
Type
Terraced house
Area
1743 sqft

Description

This Victorian terrace presents a unique opportunity for renovation and investment, situated on a serene row of five homes just a short stroll from the dynamic Newington Green area. The property features a bright and airy layout, highlighted by an impressive entrance hallway adorned with traditional ornate coving and corbels. The dual reception room benefits from high ceilings, detailed ceiling roses, and a marble fireplace, while large windows flood the space with natural light. The property's wide street layout ensures unobstructed views across to the opposite side. On the main level, there is also an additional bedroom that can serve as a study, along with a conveniently located W.C. The lower level includes a double bedroom at the front and an inviting kitchen/dining area at the rear that flows into a conservatory, offering direct access to the secluded garden—ideal for outdoor improvements or landscape redesigns. The top floor comprises two more spacious double bedrooms alongside a family bathroom suite. Leconfield Road is nestled in a quiet residential neighborhood yet remains close to the local amenities in Newington Green, Highbury Barn, and Stoke Newington. These areas are known for their quaint atmosphere and host of boutique shops, cafes, bars, theatres, and nightlife options. Green spaces such as Highbury Fields and Clissold Park are within easy reach for leisure activities. The location is advantageous for transport links; Canonbury Overground station provides straightforward access to central London and East London destinations. Nearby Highbury & Islington station offers connections via the Victoria Line, while numerous bus routes enhance local travel options. Furthermore, easy access to St Pancras International makes it convenient for those commuting or traveling further afield. With ample potential for extension and modern updates (STPP), this property invites visionaries ready to transform it into their dream home or capitalize on its investment possibilities within this thriving community.

Investment Analysis

(N5 area)

Above Market Value

This property is priced +9.7% above area average per sq ft

+9.7%
This Property
£1,004/sq ft
Area Average
£915/sq ft
Avg Rent (weekly)
£501
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,754,521
10% above area average per sq ft
Potential ROI
-4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (N5)

Area prices are falling by +7.0% over the last 12 months
3 year growth: -10.0%
5 year growth: -4.1%
Investment Disclaimer: Analysis based on N5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Leconfield Road, Newington Green, Highbury, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£6,411
Based on a loan of £1,312,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE