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Cromwell Road, Finchley, N3

London

£650,000
Listed on 06/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1038 sqft

Description

This three-bedroom semi-detached house presents a unique opportunity for renovation and investment in a desirable neighborhood. Located within walking distance of Manorside and Tudor Primary Schools, the property is ideally situated for families seeking convenient access to educational facilities. While the home requires modernisation, it features essential amenities such as double glazing, gas central heating, and two reception rooms that offer flexibility in usage. The off-street parking adds practical value, making daily life easier. Additionally, there is potential for extension (subject to planning permission), allowing future owners to customise the space according to their needs. The surrounding area is well-served by local shops and recreational spaces; Victoria Park is just a short stroll away, providing ample opportunities for outdoor activities. Finchley Central Station is also nearby, making commuting straightforward. This property invites creative vision and investment potential, making it a promising choice for those looking to transform a space into their dream home or capitalize on its rental prospects. An internal viewing is encouraged to fully appreciate the possibilities this residence offers.

Investment Analysis

(N3 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£626/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£544
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£65,000 - £162,500
10-25% of property value
Target Value
£727,783
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Monthly Sales
8
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N3)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -2.1%
5 year growth: 7.0%
Investment Disclaimer: Analysis based on N3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Cromwell Road, Finchley, N3
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