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Northumberland Park, Tottenham, N17

London

£250,000
Listed on 04/09/2025

Property Details

Bedrooms
2
Type
Flat
Area
592 sqft

Description

Nestled just off the desirable Northumberland Park, this two-bedroom flat in Tottenham offers a rare opportunity for those looking to invest in a property with significant potential for renovation. The spacious layout features large rooms bathed in natural light, creating a bright and inviting atmosphere. As you step inside, the generous hallway leads you to an expansive reception room that can be transformed into a cozy living area with ample space for dining. The separate kitchen presents an excellent canvas for modernization; while it requires updating, it has the scope to evolve into a stylish and functional cooking space tailored to contemporary tastes. Both double bedrooms are well-sized and versatile, suitable for various configurations whether as sleeping quarters or home office spaces. The bathroom boasts enough space to accommodate a modern suite, offering options for alterations without compromising comfort. With its thoughtful layout and promising renovation prospects, this flat is perfect for first-time buyers or investors aiming to create a customized living space in one of North London's vibrant neighborhoods. Thanks to its strategic location on Northumberland Park, residents benefit from outstanding transport links including quick access to Tottenham Hale Station—facilitating commutes via the Victoria Line and national rail services. Nearby amenities include green spaces such as Lee Valley Park and shopping options at the Wood Green shopping centre, ensuring both leisure and convenience are just moments away. This property stands as an attractive investment opportunity in an area poised for growth.

Investment Analysis

(N17 area)

Below Market Value

This property is priced -25.2% below area average per sq ft

-25.2%
Potential saving
This Property
£422/sq ft
Area Average
£565/sq ft
Avg Rent (weekly)
£518
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£367,863
10% above area average per sq ft
Potential ROI
+26.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (N17)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -7.4%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on N17 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

Northumberland Park, Tottenham, N17
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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
£902
Based on a loan of £187,500 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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