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Balfour Grove, London, N20

London

£600,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
996 sqft

Description

This semi-detached period property offers a unique opportunity for renovation and investment, located just a short bus ride from both Totteridge & Whetstone and Arnos Grove underground stations. With three spacious bedrooms, the layout features two reception rooms and a functional kitchen that provides the perfect foundation for modern updates. The private garden adds an appealing outdoor space, ideal for relaxation or potential landscaping projects. The property's design allows natural light to flow through each room during the day, creating a warm and welcoming environment. Notably, there is ample potential for expansion, with possibilities to extend at the rear and into the loft (subject to planning permission). This flexibility allows new owners to tailor the home to their preferences or enhance its value as an investment. Additionally, the absence of parking restrictions on Balfour Grove simplifies daily living and adds an extra layer of convenience. With its combination of prime location and renovation opportunities, this property is well-positioned for both personal enjoyment and future growth in equity.

Investment Analysis

(N20 area)

Below Market Value

This property is priced -7.9% below area average per sq ft

-7.9%
Potential saving
This Property
£602/sq ft
Area Average
£654/sq ft
Avg Rent (weekly)
£481
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£716,632
10% above area average per sq ft
Potential ROI
+10.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N20)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -0.8%
5 year growth: 4.7%
Investment Disclaimer: Analysis based on N20 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

Balfour Grove, London, N20
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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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE