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Queen Elizabeth's Drive, Southgate, London N14 - Image 1
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Queen Elizabeth's Drive, Southgate, London N14

London

£1,000,000
Listed on 01/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
2026 sqft

Description

This semi-detached house presents a solid opportunity for renovation in a quiet residential area of Southgate. With four bedrooms and an array of spacious reception rooms, this property features the potential for modernisation and expansion, particularly given its sizeable rear garden and supporting garage. The layout includes a kitchen-dining area, three additional reception spaces, a family bathroom, and a convenient downstairs W/C. Just 0.3 miles from Southgate Tube Station and local amenities along Southgate High Street, this home is well-positioned for both investment and lifestyle improvements. The property also benefits from gas central heating and double glazing, providing a reliable foundation as you plan renovations to enhance both functionality and value. Extension possibilities may be available, subject to obtaining the necessary planning consents.

Investment Analysis

(N14 area)

Below Market Value

This property is priced -17.7% below area average per sq ft

-17.7%
Potential saving
This Property
£494/sq ft
Area Average
£600/sq ft
Avg Rent (weekly)
£465
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£1,336,491
10% above area average per sq ft
Potential ROI
+24.3%
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
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

Queen Elizabeth's Drive, Southgate, 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
£3,663
Based on a loan of £750,000 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.

Next Steps

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