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Wilmer Way, London, N14

London

£800,000
Listed on 15/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for renovation or redevelopment in a vibrant area of London. The site encompasses approximately 7,000 square feet (677 sqm) and includes a detached three-bedroom house that spans around 1,150 square feet. While the property does not currently have planning consent, its versatile nature allows for multiple potential uses upon securing the necessary permissions. Historically utilized as a caretaker's residence for a nearby school, this location is ripe for reinvention. Investors and developers will appreciate the spacious grounds and existing structure that can be transformed to meet modern standards or expanded to enhance its value. The surrounding neighborhood offers an array of local amenities, including restaurants, cafés, and supermarkets, all within easy reach. Southgate and Arnos Grove are both lively areas with convenient access to green spaces, making it an attractive setting for families and professionals alike. Transport links are well-established, with Arnos Grove Underground Station on the Piccadilly Line just a short walk away. Additionally, major roadways like the North Circular Road (A406) and the A10 provide excellent connectivity to various parts of North London. This property not only embodies renovation potential but also represents a promising investment opportunity in a sought-after area. Prospective buyers are encouraged to arrange a site visit to fully grasp the possibilities this site offers. The tenure is freehold with vacant possession available.

Investment Analysis

(N14 area)
Area Average
£600/sq ft
Avg Rent (weekly)
£465
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
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
10%
Properties sold annually

Local Market Trend (N14)

Area prices are rising by +13.5% over the last 12 months
3 year growth: -2.2%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on N14 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

Wilmer Way, London, N14
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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
£2,931
Based on a loan of £600,000 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