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Riverway, Palmers Green, N13

London

£600,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1015 sqft

Description

This three-bedroom Edwardian terrace house presents an excellent opportunity for renovation and investment. While the property requires modernization, it offers ample scope for reconfiguration and extension to transform it into a desirable family home. Situated just off Hazelwood Lane, the location provides convenient access to a variety of local amenities including shops, restaurants, and public transport options. Palmers Green's mainline station is within easy reach, facilitating quick commutes into Moorgate. The surrounding area also features Hazelwood Primary School, Broomfield Park, and Hazelwood Recreation Ground, all of which are just a short stroll away. The property boasts a traditional storm porch that leads into a hallway connecting to two interlinked reception rooms with a charming bay window and direct access to the garden. A functional galley kitchen is situated at the rear of the home, along with a ground floor W.C. The first floor includes two generously sized double bedrooms and one single bedroom, accompanied by a bathroom. The loft space can be accessed from the landing via an original ladder, offering potential for further development if desired. Additional features include gas central heating and a block-paved driveway providing off-street parking for two vehicles. The private rear garden backs onto the New River, adding a serene element to the outdoor space while presenting opportunities for landscaping or expansion. With its solid structure and prime location, this property holds significant potential for those looking to invest in a project that can be tailored to modern living needs.

Investment Analysis

(N13 area)

Above Market Value

This property is priced +8.7% above area average per sq ft

+8.7%
This Property
£591/sq ft
Area Average
£544/sq ft
Avg Rent (weekly)
£402
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£607,097
10% above area average per sq ft
Potential ROI
-8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (N13)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -3.4%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on N13 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

Riverway, Palmers Green, N13
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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
£2,198
Based on a loan of £450,000 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