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Hendon Lane, London, N3

London

£425,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
872 sqft

Description

This two-bedroom flat, located on the top floor of a purpose-built block, presents a notable opportunity for renovation and investment. Spanning across a generous 17ft reception room that opens to a private balcony, this property also features a spacious 14ft master bedroom equipped with fitted wardrobes, an 11ft kitchen, and a guest W.C. The communal gardens enhance the living experience, while its proximity to Finchley Central Tube station adds to its appeal for commuters. Although the flat is currently livable, it offers considerable potential for modernization throughout, making it an attractive prospect for those looking to add value. With a share of freehold and nearly 978 years remaining on the lease, this property has solid long-term appeal.

Investment Analysis

(N3 area)

Below Market Value

This property is priced -23.3% below area average per sq ft

-23.3%
Potential saving
This Property
£487/sq ft
Area Average
£635/sq ft
Avg Rent (weekly)
£488
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£609,476
10% above area average per sq ft
Potential ROI
+34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (N3)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +3.2%
5 year growth: +7.5%
Investment Disclaimer: Analysis based on N3 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

Hendon Lane, London, N3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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