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Lorne Terrace, Bibsworth Road, Finchley, North London N3 - Image 1
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Lorne Terrace, Bibsworth Road, Finchley, North London N3

London

£980,000
Listed on 20/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1628 sqft

Description

This freehold family residence presents a unique opportunity for renovation and investment, boasting 4/5 bedrooms and 2 bathrooms across three spacious floors. The property is bathed in natural light, enhancing its inviting ambiance. Ideal for families, it is conveniently positioned near notable schools and green spaces, with excellent transport links just a short walk away. The ground floor features an eat-in kitchen flowing into a conservatory that overlooks the rear garden—perfect for potential extension (subject to planning permission). Additionally, the layout accommodates flexible living arrangements with options to convert rooms as needed. The exterior includes a well-maintained garden area with low upkeep requirements, although there's potential to reintroduce a lawn if desired. With polished tiles and hardwood flooring throughout, this home combines comfort with practicality while offering significant scope for enhancing its value through strategic renovations.

Investment Analysis

(N3 area)

Below Market Value

This property is priced -5.0% below area average per sq ft

-5.0%
Potential saving
This Property
£602/sq ft
Area Average
£634/sq ft
Avg Rent (weekly)
£471
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,134,472
10% above area average per sq ft
Potential ROI
+6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N3)

Area prices are rising by +8.8% over the last 12 months
3 year growth: +11.2%
5 year growth: +6.0%
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

Lorne Terrace, Bibsworth Road, Finchley, North London N3
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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
£3,471
Based on a loan of £735,000 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.

Stamp Duty Calculator

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