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Old Park Ridings, London

London

£2,000,000
Listed on 28/12/2025

Property Details

Bedrooms
8
Type
Detached house
Area
6573 sqft

Description

This substantial eight-bedroom detached house presents a unique investment opportunity, boasting over 6500 square feet of living space spread across three floors. Situated on a generous plot of 0.39 acres in a sought-after location, the property offers significant potential for renovation. With eight bedrooms—including two with en-suite facilities—three additional bathrooms, and an extra WC, it is well-suited for large families or multi-generational living arrangements. The ground floor features three light-filled reception rooms, a spacious kitchen/diner, and a utility room, while a large conservatory overlooks an expansive rear garden exceeding 100 feet. The outdoor area comes equipped with an outdoor kitchen and additional WC, enhancing its appeal for entertaining. The property also includes a double garage and is accessed via a secure gated carriage driveway. Located close to Grange Park Station with direct links to central London in under 30 minutes, this home is conveniently near local amenities including supermarkets and excellent schools. While the property currently offers substantial space and functionality, it presents ample opportunity for modernisation and personalisation to unlock its full potential in today’s market.

Investment Analysis

(N21 area)

Below Market Value

This property is priced -48.4% below area average per sq ft

-48.4%
Potential saving
This Property
£304/sq ft
Area Average
£590/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£4,262,985
10% above area average per sq ft
Potential ROI
+89.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (N21)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +4.0%
5 year growth: +15.4%
Investment Disclaimer: Analysis based on N21 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

Old Park Ridings, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£7,213
Based on a loan of £1,500,000 over 30 years at 4.06% 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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