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Windermere Avenue, Finchley

London

£4,000,000
Listed on 10/03/2025

Property Details

Bedrooms
10
Type
Detached house

Description

This distinctive detached residence presents a unique opportunity for renovation and investment in a tranquil neighborhood. With 10 bedrooms and an impressive 100-foot frontage, the property is set back from the road on an expansive lot that includes a derelict tennis court and an indoor pool complex, offering significant potential for upgrades and redevelopment. The current owners have made strides in refurbishing the house, which spans over 8,000 square feet across two main levels. The layout features generous entertaining spaces, highlighted by a grand 29-foot dining room and an expansive 33-foot by 32-foot snooker and entertainment salon. In addition to these focal areas, there are four supplementary reception rooms and an inviting central atrium, all of which can be further modernized to suit contemporary tastes. The vast garden measures approximately 190 feet by 130 feet, providing ample outdoor space for landscaping or additional amenities. A gated carriage driveway accommodates parking for seven to eight vehicles, enhancing accessibility while maintaining privacy. Additionally, the property includes three to four staff bedrooms, further enhancing its versatility. Located within close proximity to the amenities of Temple Fortune, Finchley Central, and Hampstead Garden Suburb, this residence not only offers comfortable living but also significant investment potential for those looking to create a bespoke family home or capitalize on the growing demand for well-located properties in this desirable area.

Investment Analysis

(N3 area)
Area Average
£634/sq ft
Avg Rent (weekly)
£497
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £1,000,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N3)

Area prices are falling by +4.8% over the last 12 months
3 year growth: -5.0%
5 year growth: 7.7%
Investment Disclaimer: Analysis based on N3 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

Windermere Avenue, Finchley
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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
£14,653
Based on a loan of £3,000,000 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