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Cheapside, Fortis Green, London, N2

London

£330,000
Listed on 11/05/2026

Property Details

Bedrooms
1
Type
Apartment
Area
421 sqft

Description

This first-floor one-bedroom flat on Cheapside, N2, presents a valuable opportunity for renovation-minded buyers looking to create their ideal living space. The property, which is being sold chain-free, offers a spacious layout with a bright reception room perfect for both relaxation and entertaining. Currently in need of modernisation, the flat allows new owners the chance to personalize the kitchen and bathroom while enhancing its overall appeal. The generously-sized double bedroom features ample storage options, making it suitable for various lifestyles. Located conveniently near East Finchley Underground Station (Northern Line), residents will enjoy easy access to Central London along with a variety of local shops, cafes, and restaurants along High Road and Muswell Hill Broadway. Additionally, nearby Cherry Wood offers green space for outdoor activities. With 142 years remaining on the leasehold and manageable service charges, this property holds genuine potential for first-time buyers or seasoned investors eager to increase value through refurbishment.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +1.5% above area average per sq ft

+1.5%
This Property
£784/sq ft
Area Average
£773/sq ft
Avg Rent (weekly)
£551
Avg Yield
2.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£357,745
10% above area average per sq ft
Potential ROI
+0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by -7.3% over the last 12 months
3 year growth: -14.0%
5 year growth: -4.6%
Investment Disclaimer: Analysis based on N2 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

Cheapside, Fortis Green, London, N2
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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
£1,177
Based on a loan of £247,500 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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