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1 Crothall Close, London, N13

London

£275,000
Listed on 13/05/2026

Property Details

Bedrooms
1
Type
Ground Flat
Area
568 sqft

Description

This charming one-bedroom ground-floor flat is located in a tranquil cul-de-sac within the Palmers Green conservation area, situated within a converted former school building that now houses just six distinct homes. The flat benefits from its own allocated parking space and access to beautifully maintained communal gardens, fostering a sense of community. Entering through a private porch/lobby, you'll find this residence characterized by impressive high ceilings reaching approximately 11 feet, paired with large sash windows that flood the living spaces with natural light. The spacious lounge/diner provides an ample area for both relaxation and entertaining, while the adjacent kitchen offers a functional layout with considerable potential for modernization. The bathroom comes equipped with full tiling and an Aqualisa shower, although updates could enhance its appeal further. The double bedroom includes a built-in wardrobe and there is an additional study area off the hallway—ideal for those working from home. Additional features include Economy 7 heating and generous storage options both in the hallway and loft space. With nearby shops, cafés, parks, and excellent transport links—including convenient bus routes and train access to central London—this property presents a promising investment opportunity for first-time buyers or seasoned investors looking to enhance value in a desirable North London location. This home combines character, convenience, and room for improvement at an attractive price point.

Investment Analysis

(N13 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£484/sq ft
Area Average
£542/sq ft
Avg Rent (weekly)
£422
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£338,735
10% above area average per sq ft
Potential ROI
+12.9%
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
8%
Properties sold annually

Local Market Trend (N13)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +7.9%
5 year growth: +7.3%
Investment Disclaimer: Analysis based on N13 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

1 Crothall Close, London, N13
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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
£981
Based on a loan of £206,250 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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