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Normandy Avenue, Barnet, EN5

London

£1,250,000
Listed on 16/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2450 sqft

Description

This four-bedroom detached house occupies a desirable corner plot in a sought-after residential area, presenting significant potential for renovation and investment. The property is in need of modernisation, making it an ideal canvas for families or investors looking to create a unique living space that reflects their personal style. The generous garden offers ample outdoor space, perfect for both relaxation and entertaining, enhancing the overall appeal of the home. Convenience is further bolstered by the inclusion of off-street parking and a garage, ensuring easy access and storage options. Located within walking distance of The Spires, residents will enjoy a wide array of shops, restaurants, boutiques, and coffee shops that contribute to the vibrant community atmosphere. Additionally, High Barnet tube station (Northern Line) is just a few minutes away, providing efficient access into central London. The proximity to New Barnet overground station enhances commuting flexibility, while local bus services offer additional routes to surrounding areas. Families will appreciate the proximity to well-respected schools such as Foulds Primary School, Christchurch Primary School, and both Queen Elizabeth's Girls' and Boys' schools. This area not only boasts strong educational institutions but also features leisure options such as the Everyman Cinema in Barnet. Overall, this property presents a remarkable opportunity for those looking to invest in a home with significant renovation potential in an attractive location.

Investment Analysis

(EN5 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£510/sq ft
Area Average
£596/sq ft
Avg Rent (weekly)
£424
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,606,894
10% above area average per sq ft
Potential ROI
+17.3%
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

Normandy Avenue, 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
£4,579
Based on a loan of £937,500 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