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Fairfax Road, London, N8 - Image 1
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Fairfax Road, London, N8

London

£825,000
Listed on 01/08/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1194 sqft

Description

This spacious residence offers significant renovation and investment potential, making it an ideal choice for those looking to create their perfect home. Located in the desirable Haringey Ladder area, the property features four ample bedrooms and two sizable reception rooms across its generous two-level layout. With a total of 1,194 square feet, this home provides a versatile foundation for customization. Upon entering, you will find two large reception rooms that can be reimagined to enhance entertaining opportunities or family living. The ground floor hosts a kitchen/dining area that opens directly into a private rear garden, while a bedroom with garden access adds convenience and flexibility to the space. Upstairs, the first floor contains three well-proportioned bedrooms that offer plenty of room for relaxation. A family bathroom equipped with essential amenities is located on this level, along with an additional guest bathroom to accommodate visitors comfortably. Though the property is in need of renovation, this represents an exciting opportunity to inject personal style and modern amenities into the existing structure, transforming it into a vibrant living space tailored to your preferences. The location further enhances its appeal—nestled in North London’s Haringey district, residents benefit from excellent transport links. Both Turnpike Lane Underground Station (Piccadilly Line) and Hornsey BR Station are within walking distance, providing quick connections to central London. Additionally, numerous bus routes service the area for added convenience. Local amenities abound in the surrounding neighborhood, including Harringay Green Lanes known for its diverse selection of shops featuring fresh produce, as well as various eateries and cafes ideal for socializing or relaxing. For outdoor recreation, Ducketts Common is nearby—a popular park that hosts community events throughout the year and serves as a wonderful spot for leisure activities with family and friends. This property not only holds promise due to its physical characteristics but also represents a strategic investment opportunity in a thriving area of London. Explore its potential today; viewings can be arranged at your convenience.

Investment Analysis

(N8 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£691/sq ft
Area Average
£748/sq ft
Avg Rent (weekly)
£469
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£982,161
10% above area average per sq ft
Potential ROI
+6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (N8)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 7.0%
5 year growth: 7.7%
Investment Disclaimer: Analysis based on N8 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

Fairfax Road, London, N8
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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
£3,022
Based on a loan of £618,750 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE