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Oakmere Close, Potters Bar, EN6

London

£595,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1101 sqft

Description

Nestled in a tranquil cul-de-sac, this detached bungalow presents a unique opportunity for renovation and investment. Featuring two bedrooms and two reception areas, this property is ideal for those looking to personalize their living space. The addition of a conservatory provides extra light and potential multifunctional use, while the expansive 40ft x 70ft rear garden offers ample outdoor space for gardening or future enhancements. The layout includes an entrance hallway that leads into a kitchen, dining room, and living room, all of which can be reimagined to meet modern tastes. The property also benefits from off-street parking with a private driveway and a detached garage, offering convenience for residents. Located on Oakmere Close off Cotton Road, the area provides easy access to local shops, dining options, schools, and parks. Additionally, major transport links such as the M25 and mainline railway stations connecting to Kings Cross and Moorgate are just a short drive away. This bungalow’s chain-free status streamlines the purchasing process, making it an attractive option for both first-time buyers and investors seeking rental potential. With significant scope for enhancement—subject to the necessary consents—this property invites creative visionaries to explore its full potential. Viewing is encouraged to appreciate what this bungalow has to offer in terms of space and opportunity.

Investment Analysis

(EN6 area)

Below Market Value

This property is priced -3.1% below area average per sq ft

-3.1%
Potential saving
This Property
£540/sq ft
Area Average
£558/sq ft
Avg Rent (weekly)
£392
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£675,309
10% above area average per sq ft
Potential ROI
+4.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EN6)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 0.8%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on EN6 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

Oakmere Close, Potters Bar, EN6
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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
£2,180
Based on a loan of £446,250 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