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High Road, North Finchley, N12

London

£850,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1846 sqft

Description

This freehold property presents a unique opportunity for those looking to invest in a versatile asset. It features a substantial commercial space exceeding 700 sq ft, currently utilized as a barber shop, alongside two residential units: a duplex one-bedroom flat positioned at the rear of the commercial unit and a two-bedroom flat located above it. Situated in a secondary parade of shops, the property benefits from its proximity to Fallowcourt Avenue and Tally Ho Corner, which are both well-regarded locations within East Finchley. This area has experienced strong rental demand for both commercial and residential spaces, making it an attractive proposition for investors. The existing commercial tenant provides immediate income, while the two residential flats are rented under Assured Shorthold Tenancy Agreements, ensuring consistent cash flow. Furthermore, the property holds significant renovation and development potential that could enhance its value—subject to obtaining the necessary planning permissions. With easy access to Central London and its surroundings, this location attracts high-quality tenants for both residential and commercial properties. The ongoing vitality of local businesses contributes to sustained interest in retail spaces, further solidifying the investment attractiveness of this property.

Investment Analysis

(N12 area)

Below Market Value

This property is priced -25.1% below area average per sq ft

-25.1%
Potential saving
This Property
£460/sq ft
Area Average
£615/sq ft
Avg Rent (weekly)
£495
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,248,311
10% above area average per sq ft
Potential ROI
+24.8%
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
6%
Properties sold annually

Local Market Trend (N12)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -9.3%
5 year growth: -1.7%
Investment Disclaimer: Analysis based on N12 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

High Road, North Finchley, N12
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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
£3,114
Based on a loan of £637,500 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