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Sussex Way, Cockfosters, EN4

London

£740,000
Listed on 27/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1290 sqft

Description

This semi-detached home in Cockfosters presents a compelling opportunity for renovation and investment. With three bedrooms, two distinct reception rooms, and a functional kitchen, the property retains several charming original features, such as parquet flooring in the entrance hall, intricate coving, and stained glass windows that add character to the space. While the home would benefit from modernization, it provides a blank slate for potential buyers to implement their vision. There are possibilities for expansion both at the rear and into the loft area, contingent upon securing the necessary planning permissions. This flexibility allows for significant enhancement of living space should you choose to explore those options. The property is set on a shared driveway with off-street parking capacity for two vehicles and boasts a 20ft paved front garden. The sizable south-easterly facing rear garden measures approximately 55ft and is adorned with mature plants and shrubs, offering a serene outdoor area complete with a paved patio. Situated in the heart of Cockfosters, this residence benefits from proximity to both Cockfosters and Oakwood stations, making it convenient for commuters. Local amenities, including shops and restaurants, are easily accessible within walking distance. Additionally, families will appreciate being near several reputable primary and secondary schools in the area. In summary, this property is not just a home; it’s an investment opportunity ripe for transformation in a desirable location.

Investment Analysis

(EN4 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£574/sq ft
Area Average
£635/sq ft
Avg Rent (weekly)
£590
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£900,710
10% above area average per sq ft
Potential ROI
+14.0%
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
4%
Properties sold annually

Local Market Trend (EN4)

Area prices are falling by +8.3% over the last 12 months
3 year growth: -5.7%
5 year growth: -2.6%
Investment Disclaimer: Analysis based on EN4 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

Sussex Way, Cockfosters, EN4
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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
£2,711
Based on a loan of £555,000 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