Worst House on the Street Logo
Newington Green, London, N1 - Image 1
Newington Green, London, N1 - Image 2
Newington Green, London, N1 - Image 3
Newington Green, London, N1 - Image 4
Newington Green, London, N1 - Image 5
Newington Green, London, N1 - Image 6
Newington Green, London, N1 - Image 7
Newington Green, London, N1 - Image 8
Newington Green, London, N1 - Image 9
Newington Green, London, N1 - Image 10
Newington Green, London, N1 - Image 11

Newington Green, London, N1

London

£450,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Flat
Area
818 sqft

Description

This three-bedroom flat, situated within the sought-after Hathersage Court development in Newington Green, N1, offers a substantial living space with great potential for customization. Featuring a private balcony and ample room sizes, this property invites you to redefine its interior to match your personal style. The separate kitchen presents an opportunity for modernization, and the overall layout is ideal for those looking to invest time and resources into a refurbishment project. With a family bathroom and additional storage options included, the property is particularly appealing to first-time buyers or buy-to-let investors aiming to maximize value in a thriving rental market. Benefiting from its close proximity to Newington Green's vibrant amenities and excellent transport connections, this flat is well-placed for both convenience and investment growth. An 82-year lease (with an ongoing extension for an additional 90 years) enhances its attractiveness, ensuring long-term value. This flat represents a solid foundation for anyone eager to create their ideal home or enhance rental yields.

Investment Analysis

(N1 area)

Below Market Value

This property is priced -42.9% below area average per sq ft

-42.9%
Potential saving
This Property
£550/sq ft
Area Average
£963/sq ft
Avg Rent (weekly)
£649
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£866,237
10% above area average per sq ft
Potential ROI
+73.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (N1)

Area prices are falling by +6.6% over the last 12 months
3 year growth: -6.5%
5 year growth: -7.1%
Investment Disclaimer: Analysis based on N1 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

Newington Green, London, N1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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