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Somerset Gardens, London, N17

London

£265,000
Listed on 20/08/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom apartment, located on the top floor of a low-rise, purpose-built block, presents a solid opportunity for renovation and investment. The layout includes two well-proportioned bedrooms, a separate kitchen, and a three-piece bathroom suite, providing a functional base that can be easily modernized. The spacious reception room benefits from large windows that allow abundant natural light to fill the area. This bright and airy environment is conducive to both relaxation and social gatherings. Additionally, residents have access to a private parking space and well-maintained communal areas, enhancing the overall living experience. Conveniently situated within walking distance of White Hart Lane Station, the apartment offers quick transit options into Liverpool Street along with various bus routes connecting to North and Central London. The surrounding neighborhood is rich in local amenities, including shops, cafes, schools, and everyday services—making it an attractive choice for young professionals or first-time buyers looking to invest in their future. The property holds strong potential for value enhancement through modernization. With some updates tailored to your style preferences, you can truly make this space your own. It is offered chain-free for ease of transaction. Additionally, with an annual service charge of approximately £895 and 155 years remaining on the lease, this property represents a viable long-term investment opportunity. Internal viewings are encouraged to fully appreciate the potential this home has to offer.

Investment Analysis

(N17 area)
Area Average
£567/sq ft
Avg Rent (weekly)
£516
Avg Yield
6.2%

Renovation Potential

Est. Renovation Cost
£26,500 - £66,250
10-25% of property value
Monthly Sales
17
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (N17)

Area prices are rising by +8.3% over the last 12 months
3 year growth: 2.1%
5 year growth: 24.3%
Investment Disclaimer: Analysis based on N17 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

Somerset Gardens, London, N17
Map showing location of Somerset Gardens, London, N17
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