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Oakmere Lane, Potters Bar

London

£750,000
Listed on 30/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1716 sqft

Description

This three-bedroom detached chalet bungalow presents a promising opportunity for renovation and investment, situated adjacent to Oakmere Park and conveniently close to Potters Bar High Street, local shops, and transportation options. The property features three bedrooms and two bathrooms, along with a spacious through lounge and a kitchen/diner complete with a conservatory that opens onto a rear garden. Notably, there is potential for further expansion of the property (subject to planning permission), making it an appealing prospect for future development. The side driveway leads to a garage, complemented by ample off-street parking in the front yard. Viewing is encouraged to fully appreciate the layout and potential this property offers for refurbishment.

Investment Analysis

(EN6 area)

Below Market Value

This property is priced -21.6% below area average per sq ft

-21.6%
Potential saving
This Property
£437/sq ft
Area Average
£558/sq ft
Avg Rent (weekly)
£392
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,052,526
10% above area average per sq ft
Potential ROI
+31.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EN6)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 0.8%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on EN6 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

Oakmere Lane, Potters Bar
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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
£2,747
Based on a loan of £562,500 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.

Next Steps

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