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Leicester Road, New Barnet, EN5 - Image 1
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Leicester Road, New Barnet, EN5

London

£850,000
Listed on 12/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
1959 sqft

Description

Situated in the desirable Barnet area along Leicester Road, this detached house represents an exceptional opportunity for investors or homeowners looking to undertake a transformative project. This property features two reception rooms, five bedrooms, and a bathroom, all of which require complete modernisation. With its generous floor plan and convenient proximity to New Barnet station, it stands as an ideal foundation for crafting a bespoke home. Its redevelopment potential is noteworthy, pending planning permissions. The added advantage of being chain-free enhances its appeal for those ready to invest time and resources into revitalising this well-placed property.

Investment Analysis

(EN5 area)

Below Market Value

This property is priced -27.9% below area average per sq ft

-27.9%
Potential saving
This Property
£434/sq ft
Area Average
£601/sq ft
Avg Rent (weekly)
£445
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£85,000 - £120,000
Target Value
£1,295,957
10% above area average per sq ft
Potential ROI
+33.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EN5)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +2.2%
5 year growth: -2.5%
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

Leicester Road, New Barnet, EN5
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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
£3,066
Based on a loan of £637,500 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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