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South Close, Barnet, EN5

London

£775,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1315 sqft

Description

This three-bedroom home offers a unique opportunity for renovation and investment in a desirable location. Spanning approximately 1,315 square feet across three floors, the property features bright and versatile living spaces, making it an ideal candidate for modernization or expansion. Upon entering, you are greeted by a welcoming hallway that leads to a well-appointed kitchen and breakfast room, complete with bi-fold doors that open to the rear garden—a feature perfect for both entertaining and enjoying outdoor space. The ground floor also includes a guest cloakroom for added convenience. The first floor encompasses a spacious lounge and dining area, alongside a study that can easily be converted into an additional bedroom if needed, enhancing the property's capacity. The second floor houses three bedrooms along with a family bathroom featuring a separate shower. The rear garden is designed with practicality in mind, featuring a paved seating area ideal for gatherings, while the rest of the space is primarily laid to lawn. The front of the property provides off-street parking and garage access. Located at the end of a quiet cul-de-sac, this home is just moments from High Barnet High Street, where residents can enjoy easy access to the Northern Line tube station as well as various cafes, restaurants, and shopping options at 'The Spires' shopping center. Additionally, New Barnet Mainline Station and Hadley Wood Station are both conveniently nearby. A helpful shortcut pathway enhances accessibility to local amenities and transport links while picturesque countryside walks are available right at your doorstep. The surrounding area boasts several highly regarded schools, catering to both private and state education preferences—a significant consideration for families. With its ample scope for renovation and improvement in an attractive neighborhood, this property represents an intriguing investment opportunity for those looking to enhance its value further.

Investment Analysis

(EN5 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£589/sq ft
Area Average
£596/sq ft
Avg Rent (weekly)
£424
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£862,476
10% above area average per sq ft
Potential ROI
+7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EN5)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 3.2%
5 year growth: 0.9%
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

South Close, Barnet, EN5
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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
£2,839
Based on a loan of £581,250 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE