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Carlton Terrace, Great Cambridge Road, London, N18 - Image 1
Carlton Terrace, Great Cambridge Road, London, N18 - Image 2
Carlton Terrace, Great Cambridge Road, London, N18 - Image 3
Carlton Terrace, Great Cambridge Road, London, N18 - Image 4
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Carlton Terrace, Great Cambridge Road, London, N18 - Image 8
Carlton Terrace, Great Cambridge Road, London, N18 - Image 9
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Carlton Terrace, Great Cambridge Road, London, N18 - Image 12
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Carlton Terrace, Great Cambridge Road, London, N18

London

£485,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
House
Area
1539 sqft

Description

This extended three-bedroom house presents a prime opportunity for investors and developers alike, featuring planning permission already secured for conversion into a four-bedroom House in Multiple Occupation (HMO). The home includes two versatile reception rooms, an expanded kitchen-diner that enhances the living experience, a convenient ground floor W.C., and a first-floor bathroom. Notably, there is an additional outbuilding equipped with a shower room, which could serve various purposes. The property is located on the edge of Palmers Green, within reach of several schools and amenities, making it desirable for both rental and residential markets. With its generous living spaces and potential to increase rental yields after renovation, this property is well-positioned for those looking to capitalize on London's robust housing demand. The sale includes vacant possession, allowing for immediate plans for enhancement or redevelopment.

Investment Analysis

(N18 area)

Below Market Value

This property is priced -32.9% below area average per sq ft

-32.9%
Potential saving
This Property
£315/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£444
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£795,070
10% above area average per sq ft
Potential ROI
+50.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (N18)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -1.2%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on N18 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

Carlton Terrace, Great Cambridge Road, London, N18
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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
£1,730
Based on a loan of £363,750 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.

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