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North Crescent, London, N3

London

£1,250,000
Listed on 02/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1782 sqft

Description

This substantial four-bedroom detached home, built in the late 1920s, presents a compelling renovation opportunity in a desirable Finchley location. The property is ideally situated within walking distance of Finchley Central Station and local bus routes, ensuring easy access to public transport. Additionally, the nearby Stephens House & Gardens offers a pleasant green space, while a diverse array of shops, cafés, and restaurants are just a short stroll away, enhancing daily convenience. The home features well-proportioned living spaces that include a spacious through lounge and a large kitchen/diner, both of which provide ample room for family gatherings and entertaining. On the ground floor, there is also a convenient cloakroom. Upstairs, the layout consists of four bedrooms, highlighted by a principal suite with an en-suite bathroom. A family bathroom and an additional separate WC add practicality to the upper level. Externally, the property includes an integral garage and off-street parking options. The mature garden holds significant potential for landscaping or outdoor enhancements, making it an appealing space for relaxation or recreation. While some updates are needed throughout the home, this allows prospective buyers to personalize and modernize the residence to their taste. This distinctive property not only offers character but also significant investment potential in a thriving community. Early viewing is encouraged to explore the possibilities this home has to offer.

Investment Analysis

(N3 area)

Above Market Value

This property is priced +10.7% above area average per sq ft

+10.7%
This Property
£701/sq ft
Area Average
£634/sq ft
Avg Rent (weekly)
£497
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,242,081
10% above area average per sq ft
Potential ROI
-6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N3)

Area prices are falling by +4.8% over the last 12 months
3 year growth: -5.0%
5 year growth: 7.7%
Investment Disclaimer: Analysis based on N3 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

North Crescent, London, N3
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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
£4,579
Based on a loan of £937,500 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