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Princes Avenue, London, N13

London

£500,000
Listed on 14/06/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
831 sqft

Description

Situated on the desirable Princes Avenue in Palmers Green, this two-bedroom house presents a compelling opportunity for those interested in renovation and investment. With ample living space and considerable potential for expansion—contingent on securing planning permission—this property is particularly appealing to families looking for room to grow or investors seeking to enhance value. The interior includes a bright reception area that flows into a separate kitchen, along with two well-sized bedrooms and a family bathroom, offering a functional layout that can be customized to suit personal tastes. The rear garden serves as a private outdoor space, providing not only a tranquil retreat but also room for potential enhancements or landscaping projects. Located in a peaceful neighborhood, this home grants easy access to local amenities, reputable schools, and robust transport connections through Palmers Green and Bounds Green stations. This combination of accessibility and community atmosphere adds significant appeal for future residents. Moreover, being offered chain-free enhances the attractiveness of this property as it presents an excellent chance to invest in a prime North London locale with strong potential for growth.

Investment Analysis

(N13 area)

Above Market Value

This property is priced +10.7% above area average per sq ft

+10.7%
This Property
£602/sq ft
Area Average
£544/sq ft
Avg Rent (weekly)
£402
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£497,042
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
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (N13)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -3.4%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on N13 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

Princes Avenue, London, N13
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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
£1,832
Based on a loan of £375,000 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