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Rookery Way, London

London

£2,750,000
Listed on 03/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a significant investment opportunity within the borough of Barnet, currently comprising a single-storey commercial structure. Plans are in place for an ambitious redevelopment scheme that envisions transforming the site into an eight-storey building featuring 28 residential apartments alongside retail spaces. This project not only allows for high-density living but also capitalizes on the growing demand for urban accommodation and amenities. The existing structure provides a solid foundation for renovation efforts focused on maximizing its potential in a vibrant town centre location.

Investment Analysis

(NW9 area)
Area Average
£599/sq ft
Avg Rent (weekly)
£473
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,500,000 - £2,500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW9)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.2%
5 year growth: 1.9%
Investment Disclaimer: Analysis based on NW9 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

Rookery Way, 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
£10,074
Based on a loan of £2,062,500 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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