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Palmerston Road, London

London

£800,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1204 sqft

Description

This three-bedroom home is set on a larger-than-average plot, providing ample opportunity for renovation and potential expansion. With an attached garage and off-street parking, the property already includes practical features that enhance its appeal for both family living and investment. Located near Myddleton Road, residents benefit from a vibrant community atmosphere, bolstered by local shops and a popular monthly street market. Recognized as one of London’s best high streets in 2016, this area continues to thrive, making it an attractive location for future growth. The property boasts excellent transport links, as it lies approximately a quarter of a mile from Bounds Green Piccadilly Line Underground Station, which offers direct access to Kings Cross in just 16 minutes. Additionally, Bowes Green (Great Northern) Station is also nearby, providing quick connections to Moorgate. For those traveling by car, the A406 North Circular Road is conveniently located half a mile away, facilitating easy access to the M1 and other routes around London. With its spacious interior and private garden, this property presents significant scope for renovation or extension (subject to planning permission). The combination of location and potential makes it an appealing prospect for buyers looking to invest in a home with long-term value.

Investment Analysis

(N22 area)

Above Market Value

This property is priced +5.5% above area average per sq ft

+5.5%
This Property
£664/sq ft
Area Average
£630/sq ft
Avg Rent (weekly)
£421
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£834,041
10% above area average per sq ft
Potential ROI
-7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (N22)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -1.6%
5 year growth: 5.8%
Investment Disclaimer: Analysis based on N22 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

Palmerston Road, London
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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
£2,931
Based on a loan of £600,000 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