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Spencer Avenue, LONDON, London, N13 - Image 1
Spencer Avenue, LONDON, London, N13 - Image 2
Spencer Avenue, LONDON, London, N13 - Image 3
Spencer Avenue, LONDON, London, N13 - Image 4
Spencer Avenue, LONDON, London, N13 - Image 5
Spencer Avenue, LONDON, London, N13 - Image 6
Spencer Avenue, LONDON, London, N13 - Image 7
Spencer Avenue, LONDON, London, N13 - Image 8
Spencer Avenue, LONDON, London, N13 - Image 9
Spencer Avenue, LONDON, London, N13 - Image 10
Spencer Avenue, LONDON, London, N13 - Image 11

Spencer Avenue, LONDON, London, N13

London

£925,000
Listed on 16/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1986 sqft

Description

This double-fronted family residence on Spencer Avenue offers a substantial and flexible living environment, ideal for those with a vision for renovation and investment. The ground floor features two sizable reception areas, a dedicated study, and a utility space complete with a guest cloakroom. The large kitchen and dining room overlook a mature rear garden, presenting an inviting area that is perfect for family gatherings or entertaining guests. Upstairs, the property includes four generously sized bedrooms, two of which benefit from en-suite shower facilities. A modern family bathroom complements the upstairs layout, providing ample amenities for daily living. The outdoor space is particularly noteworthy; the private garden comes with an outbuilding that holds potential for conversion into a studio, gym, or home office. Furthermore, there is significant opportunity for expansion through future extensions (subject to planning approval), making this property a promising candidate for enhancement and modernization. Located in a desirable residential neighborhood, the home offers tranquility while remaining conveniently close to essential amenities. Both Bounds Green and Palmers Green stations are within easy reach, facilitating quick travel into Central London. The vibrant Green Lanes provides an array of shops, cafés, and restaurants. For families and young professionals alike, nearby parks and green spaces offer additional leisure options. The presence of reputable schools in the vicinity further solidifies this property's attractiveness as an investment opportunity in a sought-after part of North London.

Investment Analysis

(N13 area)

Below Market Value

This property is priced -14.3% below area average per sq ft

-14.3%
Potential saving
This Property
£466/sq ft
Area Average
£544/sq ft
Avg Rent (weekly)
£402
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,187,876
10% above area average per sq ft
Potential ROI
+17.0%
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

Spencer Avenue, LONDON, London, 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
£3,389
Based on a loan of £693,750 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