Worst House on the Street Logo
New North Road, Hainault - Image 1
New North Road, Hainault - Image 2
New North Road, Hainault - Image 3
New North Road, Hainault - Image 4
New North Road, Hainault - Image 5
New North Road, Hainault - Image 6
New North Road, Hainault - Image 7
New North Road, Hainault - Image 8
New North Road, Hainault - Image 9
New North Road, Hainault - Image 10
New North Road, Hainault - Image 11

New North Road, Hainault

London

£375,000
Listed on 28/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
852 sqft

Description

Nestled in the appealing neighborhood of Hainault, this mid-terrace house offers a solid foundation for those seeking renovation opportunities or an investment project. With two generously sized bedrooms, the layout is well-suited for small families or couples aiming to create a personalized living space. The entrance opens into a welcoming reception room, providing a versatile area that can easily be transformed to fit your needs—whether that’s creating a cozy lounge or an inviting space for entertaining guests. The property includes a conveniently positioned bathroom that ensures functionality in daily life. A notable feature of this home is its spacious garden, which presents potential for landscaping or outdoor activities, enhancing the property's value and appeal. This residence also benefits from off-street parking, a sought-after convenience in urban settings. Importantly, the property is chain-free, facilitating a straightforward purchasing process. It holds considerable potential for expansion or modernization, subject to planning permissions, making it an attractive option for buyers eager to invest in their future. Location-wise, residents will appreciate the proximity to Hainault Station, offering robust transport links ideal for commuters. Additionally, nearby Hainault Woodlands invites opportunities for leisurely walks and outdoor pursuits, enhancing the overall lifestyle experience. In summary, this two-bedroom mid-terrace house represents not just a home but also an investment with ample potential in a desirable area. Whether you’re looking to settle down or explore renovation possibilities, this property is worth considering as your next endeavor.

Investment Analysis

(IG6 area)

Below Market Value

This property is priced -8.9% below area average per sq ft

-8.9%
Potential saving
This Property
£440/sq ft
Area Average
£483/sq ft
Avg Rent (weekly)
£473
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£452,996
10% above area average per sq ft
Potential ROI
+13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IG6)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 5.6%
5 year growth: 14.9%
Investment Disclaimer: Analysis based on IG6 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

New North Road, Hainault
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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