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Hermitage Road, London, N4

London

£885,000
Listed on 11/05/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1640 sqft

Description

This substantial family home, offering over 1,600 sq ft of flexible space across two floors, is currently configured as two apartments but retains its status as a single dwelling. This presents a great opportunity for renovation enthusiasts to either transform it into a distinctive family residence or optimize the existing layout into two separate apartments, subject to necessary approvals. The ground floor features two reception rooms along with a versatile additional room that can serve as a study or an extra bedroom. At the rear, there’s a kitchen diner that opens up to a generously sized garden, complemented by a bathroom and separate WC on this level. The first floor consists of four bedrooms, one of which is currently utilized as a kitchen diner but could easily be converted back into a bedroom to enhance potential rental appeal. A further bathroom and separate WC round off this level. Situated in Hermitage Road, renowned for its community vibe and charming Victorian homes, the property benefits from proximity to Green Lanes with its variety of independent cafes and restaurants. Excellent transport links via Manor House and Finsbury Park stations provide quick access across London through the Piccadilly and Victoria lines. With Finsbury Park and Woodberry Wetlands nearby, along with well-regarded local schools such as North and South Harringay primaries, this location consistently attracts families in search of community-oriented living in North London.

Investment Analysis

(N4 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£540/sq ft
Area Average
£779/sq ft
Avg Rent (weekly)
£544
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,406,128
10% above area average per sq ft
Potential ROI
+42.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (N4)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -8.9%
5 year growth: -0.1%
Investment Disclaimer: Analysis based on N4 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

Hermitage Road, London, N4
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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
£3,157
Based on a loan of £663,750 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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