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Waterfall Road, London

London

£750,000
Listed on 13/03/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1248 sqft

Description

This semi-detached home features three well-proportioned bedrooms and is situated on the desirable Waterfall Road, a location known for its family-friendly atmosphere in New Southgate. The property presents a solid foundation for those interested in renovation or investment, offering ample space for future enhancements. Inside, the layout includes two spacious reception rooms that provide flexibility for various living arrangements, along with a conservatory that adds natural light and additional living space. The fitted kitchen is functional and has potential for updates, while the three bedrooms are comfortably sized, with one having the advantage of an en suite bathroom. A separate family bathroom caters to the needs of families or guests. The exterior boasts a generous garden along with an outbuilding that could serve multiple purposes, such as storage or a workspace. Additionally, there is a carport accessible via a service road, which adds to the convenience of off-street parking. Notably, the property has scope for extensions (subject to planning permission), allowing buyers to tailor it further to their vision. The location enhances this property's appeal, with excellent transport links nearby including Arnos Grove Tube Station on the Piccadilly Line and New Southgate Railway Station. Families will also appreciate being within reach of several respected local schools, making this area suitable for long-term living or rental opportunities. This home represents a unique chance to invest in a property that could be transformed through strategic renovations, ensuring it meets today's standards while enhancing its value in this sought-after neighborhood. A viewing is encouraged to fully grasp the potential this residence holds.

Investment Analysis

(N11 area)

Above Market Value

This property is priced +5.1% above area average per sq ft

+5.1%
This Property
£601/sq ft
Area Average
£572/sq ft
Avg Rent (weekly)
£416
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£75,000 - £187,500
10-25% of property value
Target Value
£784,967
10% above area average per sq ft
Potential ROI
-16.3%
After renovation
Monthly Sales
11
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (N11)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 3.8%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on N11 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

Waterfall Road, London
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