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Hadley Road, Barnet, Hertfordshire, EN5 - Image 1
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Hadley Road, Barnet, Hertfordshire, EN5 - Image 5

Hadley Road, Barnet, Hertfordshire, EN5

London

£850,000
Listed on 20/05/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2131 sqft

Description

This detached period home presents a unique opportunity for renovation and investment, positioned on an appealing corner plot. Spanning three levels, the layout includes a spacious double-length reception room, a kitchen breakfast room, and a guest WC, alongside three well-sized bedrooms and a bathroom. A noteworthy feature of the property is the split-level annexe that hosts an additional bedroom with study space and an en suite shower room, complemented by basement storerooms that offer ample storage potential. The property's true value lies in its planning permission for development, which allows for the construction of a new dwelling comprising four self-contained apartments (three 2-bedroom units and one 3-bedroom unit), along with provisions for two parking spaces and a cycle store. This aspect underscores its investment potential in a market where rental demand is ever-increasing. Located near Tudor Park and Hadley Common, residents can enjoy scenic walks in tranquil surroundings. The property benefits from proximity to both New Barnet and Hadley Wood mainline stations, providing straightforward access to central London destinations like Moorgate and Kings Cross. Additionally, High Barnet offers various shops, restaurants, and Northern Line underground services. For those commuting by car, both the M25 and A1 are conveniently close. The area is well-regarded for its educational options, featuring several reputable schools catering to different needs. With its desirable location and promising renovation potential, this property invites both homeowners looking to create their ideal space and investors seeking to capitalize on future developments.

Investment Analysis

(EN5 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£399/sq ft
Area Average
£604/sq ft
Avg Rent (weekly)
£424
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£85,000 - £212,500
10-25% of property value
Target Value
£1,416,657
10% above area average per sq ft
Potential ROI
+33.3%
After renovation
Monthly Sales
16
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (EN5)

Area prices are rising by +7.9% over the last 12 months
3 year growth: 2.0%
5 year growth: 3.3%
Investment Disclaimer: Analysis based on EN5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hadley Road, Barnet, Hertfordshire, EN5
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