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Alexandra Road, Hornsey , London - Image 1
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Alexandra Road, Hornsey , London

London

£695,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1313 sqft

Description

This three-bedroom Victorian terrace house, located on a desirable residential street, presents a compelling opportunity for renovation and investment. The property boasts impressive high ceilings and two reception rooms, along with a kitchen/diner and a convenient downstairs shower room. The spacious private rear garden adds potential for outdoor enhancement. On the first floor, you'll find three bedrooms and a utility room, plus access to the loft space which could be transformed into additional living quarters or retained as practical storage. Notably, planning permissions are already in place for both a rear extension and an outbuilding, allowing for an increase of up to 35 square meters of living space. This property is offered chain free and is within close proximity to excellent transport links such as Hornsey Overground and Turnpike Lane & Wood Green Underground stations. A diverse array of restaurants and shops is just a short stroll away, complemented by local parks including Downhills Park, Priory Park, and Alexandra Palace—ideal for weekend leisure activities.

Investment Analysis

(N8 area)

Below Market Value

This property is priced -29.2% below area average per sq ft

-29.2%
Potential saving
This Property
£529/sq ft
Area Average
£748/sq ft
Avg Rent (weekly)
£469
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,080,048
10% above area average per sq ft
Potential ROI
+37.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (N8)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 7.0%
5 year growth: 7.7%
Investment Disclaimer: Analysis based on N8 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

Alexandra Road, Hornsey , London
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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
£2,546
Based on a loan of £521,250 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.

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