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Richmond Road, New Barnet

London

£875,000
Listed on 15/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1390 sqft

Description

This semi-detached family home features four spacious double bedrooms and is currently configured as a House in Multiple Occupation (HMO). Its configuration offers significant potential for renovation and conversion back to a traditional family layout, making it an excellent investment opportunity. The property includes an entrance hallway, front reception area, kitchen with breakfast/dining space, an annexe bedroom with ensuite facilities, and three additional bedrooms upstairs, all equipped with ensuites. A laundry room adds to the practicality. Nestled in a desirable location with great access to local amenities, schools, parks, and transport links including New Barnet Mainline and High Barnet Underground (Northern Line), this home is well-positioned for commuting. The exterior boasts off-street parking and a charming mature garden extending approximately 70 feet. With its sound structural condition and well-maintained interiors, this property offers ample scope for enhancement or redevelopment (subject to planning permission), making it an attractive option for investors or families looking to customize their living space.

Investment Analysis

(EN5 area)

Above Market Value

This property is priced +5.2% above area average per sq ft

+5.2%
This Property
£629/sq ft
Area Average
£598/sq ft
Avg Rent (weekly)
£426
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£914,877
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EN5)

Area prices are rising by +2.8% over the last 12 months
3 year growth: 3.0%
5 year growth: -0.2%
Investment Disclaimer: Analysis based on EN5 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

Richmond Road, New Barnet
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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
£3,205
Based on a loan of £656,250 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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