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Upper Tollington Park, Stroud Green N4

London

£1,900,000
Listed on 06/12/2024

Property Details

Bedrooms
8
Type
Terraced house
Area
3186 sqft

Description

This substantial Victorian terraced house, featuring 8 bedrooms and spanning approximately 3,363 sq. ft. (312 sq. m.) over three levels, presents an exceptional opportunity for renovation and investment in a prime Finsbury Park location. The property retains numerous period features that underline its historical character, offering a blank canvas for those looking to modernize while respecting its original charm. Dual entrances and an expansive rear garden further enhance the potential for transformation into either contemporary flats or a spacious family home. Positioned on the desirable Upper Tollington Park, this residence is just a short distance from the serene Parkland Walk nature reserve and Finsbury Park itself, which provides a variety of recreational options, including sports facilities and green spaces ideal for leisure activities. The surrounding area boasts an array of local amenities such as cafés, restaurants, and bars, contributing to the vibrant community atmosphere. Transport links are robust, with Haringey Station located approximately 370 yards away, along with Haringey Green Lanes (510 yards) and Crouch Hill Railway Station (0.6 miles). The convenience of Manor House Underground Station (750 yards) and Finsbury Park Underground Station (0.7 miles) offers easy access to central London and beyond. This chain-free property represents a unique chance for investors or developers keen to capitalize on its promising location and significant development potential within one of North London's most sought-after neighborhoods.

Investment Analysis

(N4 area)

Below Market Value

This property is priced -26.0% below area average per sq ft

-26.0%
Potential saving
This Property
£596/sq ft
Area Average
£806/sq ft
Avg Rent (weekly)
£532
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Target Value
£2,824,532
10% above area average per sq ft
Potential ROI
+17.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (N4)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -8.9%
5 year growth: 4.9%
Investment Disclaimer: Analysis based on N4 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

Upper Tollington Park, Stroud Green N4
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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
£6,960
Based on a loan of £1,425,000 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