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Effingham Road, London, N8

London

£800,000
Listed on 02/05/2026

Property Details

Bedrooms
3
Type
House
Area
1135 sqft

Description

This spacious three-bedroom mid-terrace property, covering approximately 1,135 sq ft, is located in the highly desirable Harringay Ladder area of North London. Known for its vibrant community and picturesque Victorian architecture, this home provides a prime opportunity for those looking to invest in a renovation project. The property is in need of modernisation, allowing buyers to customize their living space according to personal preferences while enhancing its value. The well-proportioned layout features a bright through lounge that separates living and dining areas, perfect for family gatherings or entertaining guests. At the rear, the kitchen/diner offers great potential to be transformed into an open-plan design with contemporary flair. A shower room/WC on the ground floor provides convenient access to the garden. Upstairs, you will find three generously sized double bedrooms filled with natural light, complemented by a functional family bathroom. The overall structure accommodates practical family living while providing room for improvement and reconfiguration if desired. Only a short distance from the lively Green Lanes, this location boasts an array of independent eateries, bakeries, cafes, and essential services which contribute to its energetic atmosphere. Offered without any onward chain, this property presents a rare chance to develop a significant long-term family home within a thriving North London neighbourhood.

Investment Analysis

(N8 area)

Below Market Value

This property is priced -5.7% below area average per sq ft

-5.7%
Potential saving
This Property
£705/sq ft
Area Average
£748/sq ft
Avg Rent (weekly)
£463
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£933,628
10% above area average per sq ft
Potential ROI
+6.1%
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
12%
Properties sold annually

Local Market Trend (N8)

Area prices are rising by +9.3% over the last 12 months
3 year growth: +12.9%
5 year growth: +17.0%
Investment Disclaimer: Analysis based on N8 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

Effingham Road, London, N8
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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
£2,854
Based on a loan of £600,000 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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