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Oakmere Avenue, Potters Bar

London

£500,000
Listed on 07/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
1068 sqft

Description

This two-bedroom semi-detached bungalow offers a solid foundation for buyers looking to invest in a property with renovation potential. The layout includes two spacious bedrooms, an inviting living room, and a versatile rear reception area that looks out onto the garden, ideal for those wanting to create an open-plan or additional entertaining space. The separate dining room and a functional kitchen provide ample storage and work surfaces, while the bright conservatory enhances the connection to the outdoor space, perfect for leisure activities. Additionally, the modern wet room adds practicality to daily living. Outside, the well-kept rear garden features side access along with a garage and off-street parking. This property also presents excellent prospects for further development, including options for extensions or a loft conversion (subject to planning permission), making it suitable for buyers eager to stamp their own style on a home. Located conveniently close to local amenities, respected schools, and excellent transport links via nearby train services, this bungalow represents an attractive opportunity for renovation enthusiasts.

Investment Analysis

(EN6 area)

Below Market Value

This property is priced -15.2% below area average per sq ft

-15.2%
Potential saving
This Property
£468/sq ft
Area Average
£552/sq ft
Avg Rent (weekly)
£381
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£648,372
10% above area average per sq ft
Potential ROI
+20.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EN6)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +1.4%
5 year growth: +6.0%
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 Avenue, Potters Bar
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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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