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Chardmore Road, Cazenove, N16

London

£490,000
Listed on 29/04/2026

Property Details

Bedrooms
1
Type
Apartment
Area
709 sqft

Description

This one-bedroom garden flat, occupying the raised ground and partial lower ground floors of a charming Victorian house, offers a unique opportunity for renovation and investment. Spanning approximately 709 square feet, it retains period features such as high ceilings and original floorboards, providing a solid foundation for anyone looking to personalize their living space. The spacious front-facing living room is complemented by a large bay window, while the bedroom also benefits from similar proportions and another bay feature, allowing for versatile furniture arrangements. The kitchen diner is thoughtfully separated from the main living areas, boasting access to a generous south-west facing private garden that measures around 44 feet in length. This outdoor space provides ample potential for enhancement or extension (subject to local planning permissions), which could dramatically improve the connection between indoor and outdoor areas. Though well-maintained by its current owner, this flat is primed for someone to infuse their style through decoration or more significant alterations. Located just off Cazenove Road and within easy reach of Stoke Newington Station and Springfield Park, it caters to those seeking convenience alongside potential growth through renovations. With no sales chain involved and share of freehold ownership, this property presents an appealing canvas for first-time buyers or investors alike.

Investment Analysis

(N16 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£691/sq ft
Area Average
£790/sq ft
Avg Rent (weekly)
£531
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£616,355
10% above area average per sq ft
Potential ROI
+16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (N16)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -8.1%
5 year growth: -1.6%
Investment Disclaimer: Analysis based on N16 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

Chardmore Road, Cazenove, N16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,748
Based on a loan of £367,500 over 30 years at 3.97% 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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