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Ridge Avenue, London, N21

London

£700,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1457 sqft

Description

This semi-detached three-bedroom home offers ample living space, totaling 1,457 sq. ft., situated on a charming corner plot with significant potential for renovation and expansion. The property invites you to envision its full capabilities, with opportunities to extend to the side, rear, and even into the loft (subject to planning permission), enabling you to tailor the space to your needs. Upon entering, you'll discover two well-lit reception rooms that provide flexible areas for family life or entertaining guests. The kitchen and dining area at the back of the house opens directly onto a spacious garden, creating an ideal setting for al fresco dining or family gatherings during warmer months. Practicality is enhanced by the inclusion of a utility room and a welcoming entrance hall. The upstairs layout features three generously sized bedrooms, each equipped with built-in wardrobes, ensuring that storage is not a concern. Additionally, there is a family bathroom and a separate WC on this level. Outdoor space is another highlight of this property. The 69-foot rear garden presents an excellent opportunity for relaxation or outdoor play, while off-street parking at the front accommodates several vehicles. A garage located at the rear adds further functionality, accessible via a side road or from the garden itself—perfect for those in need of extra storage or workspace. The location enhances its appeal; it’s just 0.8 miles from Winchmore Hill Station, where regular train services provide easy access to central London. Conveniently positioned near major roadways like the A10 and A406 makes commuting straightforward. Families will appreciate proximity to several reputable schools such as Highfields, St Paul’s, and Raglan Primary Schools; additionally, secondary options include Latymer and Edmonton County Secondary Schools. A short walk leads you to Green Lanes, where a variety of cafés, restaurants, and shops await exploration. Local amenities include larger supermarkets like Waitrose and Sainsbury’s alongside independent retailers around The Broadway and Winchmore Hill Green—providing both convenience and charm in this vibrant community. This property represents a rare chance to invest in an expanding area while crafting a personalized living space tailored to your vision.

Investment Analysis

(N21 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£480/sq ft
Area Average
£584/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£936,538
10% above area average per sq ft
Potential ROI
+23.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (N21)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 4.0%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on N21 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

Ridge Avenue, London, N21
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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
£2,564
Based on a loan of £525,000 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.

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