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The Oyo Hotel, North Finchley, N12 - Image 1
The Oyo Hotel, North Finchley, N12 - Image 2
The Oyo Hotel, North Finchley, N12 - Image 3
The Oyo Hotel, North Finchley, N12 - Image 4
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The Oyo Hotel, North Finchley, N12 - Image 6
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The Oyo Hotel, North Finchley, N12 - Image 8
The Oyo Hotel, North Finchley, N12 - Image 9

The Oyo Hotel, North Finchley, N12

London

£12,000,000
Listed on 29/03/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
32974 sqft

Description

This property presents a valuable opportunity for those looking to invest in the hospitality sector or pursue development projects. It features a well-constructed hotel designed specifically for this purpose, comprising 88 guest rooms along with an on-site parking facility and a restaurant that accommodates 120 diners. Currently leased for an additional 10 years, this hotel not only generates existing income but also provides numerous avenues for asset management and future enhancements. The overall space measures approximately 32,974 square feet (about 3,063 square meters), with each room roughly 21 square meters in size. This layout allows for potential modifications or expansions to increase the room count or change the property’s use entirely, depending on market demands. Located in North Finchley within the London Borough of Barnet, this site is less than 10 miles from Central London, making it a prime locale for both leisure and business travelers. The area boasts a vibrant mix of commercial and residential properties, offering significant growth potential. Excellent transport links are a defining feature of this location; three underground stations provide quick access to central London in under 30 minutes, while major roadways such as the A1, M1, and M25 facilitate easy travel across the region and beyond. Additionally, three international airports—Heathrow, Luton, and Stansted—are all within an hour's drive. This freehold property demonstrates considerable promise for those seeking to enhance its value through strategic renovations or adaptive reuse options while maintaining its current operational framework.

Investment Analysis

(N12 area)

Below Market Value

This property is priced -40.8% below area average per sq ft

-40.8%
Potential saving
This Property
£364/sq ft
Area Average
£615/sq ft
Avg Rent (weekly)
£495
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £600,000
Target Value
£22,297,843
10% above area average per sq ft
Potential ROI
+77.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N12)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -9.3%
5 year growth: -1.7%
Investment Disclaimer: Analysis based on N12 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

The Oyo Hotel, North Finchley, N12
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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
£43,959
Based on a loan of £9,000,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE