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Belmont Close, Cockfosters

London

£350,000
Listed on 23/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
701 sqft

Description

This two-bedroom ground-floor flat situated in Belmont Close, Cockfosters, offers a promising canvas for a complete renovation project. With its spacious layout, highlighted by a reception room that exceeds 20 feet in length, there is great potential for modern living and entertaining. The separate kitchen is ideally located next to the main living area, making it a candidate for transformation into an open-plan space — subject to relevant permissions. Both bedrooms are generously sized and located towards the rear of the property, ensuring a tranquil atmosphere. The centrally positioned bathroom adds to the practicality of the design, while additional storage options enhance functionality. Though the flat requires extensive refurbishment, its existing structure allows for creative design possibilities that could lead to a stylish and personalized home. Residents can also enjoy access to communal gardens, enhancing the overall appeal of the property. Positioned conveniently within Cockfosters, this flat is just minutes away from Cockfosters Underground Station on the Piccadilly Line, offering excellent transport links into Central London and beyond—ideal for those commuting for work or leisure. The vibrant surroundings boast various independent shops, cafés, and restaurants along Cockfosters Road. Nature enthusiasts will appreciate Trent Park nearby, which features scenic walking trails and recreational facilities. Furthermore, this property enjoys good road access via the M25, facilitating connections within Greater London and surrounding areas. Families will find comfort in the presence of well-regarded schools and a strong community vibe in this desirable locality.

Investment Analysis

(EN4 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£499/sq ft
Area Average
£635/sq ft
Avg Rent (weekly)
£590
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£489,456
10% above area average per sq ft
Potential ROI
+15.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EN4)

Area prices are falling by +8.3% over the last 12 months
3 year growth: -5.7%
5 year growth: -2.6%
Investment Disclaimer: Analysis based on EN4 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

Belmont Close, Cockfosters
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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
£1,282
Based on a loan of £262,500 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