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Pank Avenue, New Barnet EN5

London

£829,950
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1216 sqft

Description

This three-bedroom detached residence in New Barnet presents a notable prospect for those interested in creating a family home that reflects their personal style. The property has been cherished by the same family for 65 years, indicating its longstanding value. The ground floor features two generously-sized reception rooms, offering a versatile space for both relaxation and entertainment. The kitchen, while functional with essential appliances, provides the foundation for potential modernization and expansion into an open-plan dining area, ideal for contemporary living. The outdoor space is equally appealing; a mature garden allows for personal touches or enhancement possibilities, and the existing patio area suggests great potential for outdoor entertaining. Off-street parking adds to the convenience of this residence in a highly sought-after location. Benefitting from being chain-free, this property is positioned close to New Barnet Train Station, simplifying daily commutes. Local amenities including schools, parks, and shops contribute to its lifestyle appeal. With an energy efficiency rating of 58 and potential improvements taking it to 76, there are additional opportunities for enhancing sustainability as well. Ideal for buyers looking to invest in a property with renovation potential or expand on an established family home in a well-connected area.

Investment Analysis

(EN5 area)

Above Market Value

This property is priced +13.3% above area average per sq ft

+13.3%
This Property
£683/sq ft
Area Average
£602/sq ft
Avg Rent (weekly)
£410
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£805,503
10% above area average per sq ft
Potential ROI
-11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EN5)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +3.9%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on EN5 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

Pank Avenue, New Barnet EN5
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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
£2,940
Based on a loan of £622,462 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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