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Mandeville Road, Potters Bar

London

£550,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
775 sqft

Description

This semi-detached house offers a three-bedroom layout in a peaceful cul-de-sac, providing an ideal setting for families or investors looking for renovation opportunities. The property benefits from a south-facing rear garden, allowing for ample sunlight throughout the day, and is conveniently located near Oakmere Park, ensuring easy access to green spaces. The location boasts good transport links, including proximity to Potters Bar mainline railway station and essential routes such as the M25 and A1M, making it accessible for commuters. Local amenities can be found nearby in Darkes Lane and Potters Bar High Street, enhancing the convenience of daily living. Upon entering, you are greeted by an entrance porch leading into a spacious hallway that connects to multiple areas of the home. The lounge, with its double-glazed bay window and feature fireplace, presents a cozy space that can be modernized to fit contemporary tastes. The kitchen includes a functional layout with various wall and base units; here lies potential for updates that could significantly increase value. Upstairs, the first floor hosts three bedrooms offering generous space—each with potential for personalization. The shower room features essential fixtures but could benefit from modern improvements. The rear garden features both a patio area and a lawn surrounded by shrubs, presenting a blank canvas for landscaping or outdoor entertainment enhancements. The front garden includes off-road parking options that are often sought after in residential properties. This house is clean and tidy but would greatly benefit from modernization efforts which could enhance its appeal in the market—an attractive prospect for investors looking to improve property value. Overall, this home combines functional living space with significant renovation potential in an enviable location.

Investment Analysis

(EN6 area)

Above Market Value

This property is priced +26.8% above area average per sq ft

+26.8%
This Property
£710/sq ft
Area Average
£560/sq ft
Avg Rent (weekly)
£430
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£477,016
10% above area average per sq ft
Potential ROI
-30.6%
After renovation
Monthly Sales
17
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EN6)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -0.3%
5 year growth: 8.8%
Investment Disclaimer: Analysis based on EN6 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

Mandeville Road, Potters Bar
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