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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 charming 3-bedroom detached house is being presented to the market for the first time in over six decades, offering a rare chance to acquire a property with significant renovation potential in a sought-after area of New Barnet. With its well-structured layout, the home provides two spacious reception rooms perfect for reconfiguration or modernisation, while the kitchen, which opens into the dining area, could benefit from an update to create a more contemporary flow. The mature garden offers a serene outdoor space that can be enhanced further, featuring various plants and trees alongside a patio ideal for outdoor entertaining. Off-street parking is also available, adding convenience for residents. Energy efficiency improvements are possible; with an existing rating of 58 and scope to elevate it to 76. This property is chain-free, simplifying the purchasing process for buyers looking to invest in an adaptable family home situated close to essential amenities and excellent transport links via New Barnet Train Station. The opportunity exists here not just to renovate but to truly personalize this residence into a modern family haven.

Investment Analysis

(EN5 area)

Above Market Value

This property is priced +13.0% above area average per sq ft

+13.0%
This Property
£683/sq ft
Area Average
£604/sq ft
Avg Rent (weekly)
£423
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£807,910
10% above area average per sq ft
Potential ROI
-9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EN5)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +5.6%
5 year growth: -0.1%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,135
Based on a loan of £622,462 over 30 years at 4.45% 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.

Stamp Duty Calculator

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