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Forbes Avenue, Potters Bar

London

£449,950
Listed on 27/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
739 sqft

Description

This two-bedroom mid-terrace house offers a promising opportunity for renovation and investment, situated in a desirable residential area. The property features off-street parking for two vehicles and boasts a vast 100ft west-facing garden, which adds to its appeal and potential for outdoor enhancements. Upon entering, you'll find a well-proportioned layout that includes an entrance hall, a living room complete with a feature fireplace, and a spacious kitchen/diner that opens directly to the garden. The upper level hosts two generous double bedrooms alongside a modern shower room. The exterior is equally noteworthy, with the private driveway offering convenience and the side passage providing direct access to the expansive garden. This outdoor space presents options for landscaping or even an extension (subject to planning approval), making it an ideal canvas for those looking to enhance their investment. Located on Forbes Avenue, this property benefits from its proximity to local amenities including shops along the High Street and Oakmere Park. The surrounding area also features comprehensive shopping facilities at Darkes Lane. For commuters, Potters Bar mainline station is conveniently nearby, offering quick transport links to central London destinations such as Kings Cross and Moorgate. Additionally, major roadways including the M25 and A1(M) are easily accessible, making this location not only practical but also appealing for future growth in value.

Investment Analysis

(EN6 area)

Above Market Value

This property is priced +9.2% above area average per sq ft

+9.2%
This Property
£609/sq ft
Area Average
£558/sq ft
Avg Rent (weekly)
£392
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£453,273
10% above area average per sq ft
Potential ROI
-14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EN6)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 0.8%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on EN6 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

Forbes Avenue, Potters Bar
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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
£1,648
Based on a loan of £337,462 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