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Old Farm Avenue, Southgate | Chain Free | Exceptional Potential (STPP) - Image 1
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Old Farm Avenue, Southgate | Chain Free | Exceptional Potential (STPP) - Image 4
Old Farm Avenue, Southgate | Chain Free | Exceptional Potential (STPP) - Image 5
Old Farm Avenue, Southgate | Chain Free | Exceptional Potential (STPP) - Image 6
Old Farm Avenue, Southgate | Chain Free | Exceptional Potential (STPP) - Image 7
Old Farm Avenue, Southgate | Chain Free | Exceptional Potential (STPP) - Image 8

Old Farm Avenue, Southgate | Chain Free | Exceptional Potential (STPP)

London

£650,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1052 sqft

Description

This three-bedroom end-terrace family home, presented without a chain, offers a remarkable opportunity for those looking to invest in a property with ample potential for renovation and enhancement. Nestled in a desirable area of Southgate, the home spans approximately 1,100 sq.ft. and features off-street parking along with an attached garage, making it ideal for further development. The ground floor comprises an entrance porch leading into a hallway, a front reception room accentuated by a charming bay window, and a separate dining area that overlooks the mature rear garden. The fitted kitchen provides access to the outdoors and presents options for modernisation. There is significant potential to convert the attached garage into additional living space and extend the rear to create an open-plan layout suitable for contemporary family living. On the first floor, you will find three bedrooms including two spacious doubles alongside a family bathroom/W.C. The loft space also holds promise for future conversion, pending standard planning permissions. Externally, the property is complemented by a secluded rear garden featuring established greenery and a driveway that allows off-street parking with garage entry. Situated on Old Farm Avenue—a respected residential street—this home is conveniently located within walking distance of Southgate High Street, Southgate Underground Station (Piccadilly Line), local amenities such as shops and cafés, as well as several high-performing schools. This property represents an exceptional long-term investment opportunity in a prime location with the capacity to transform into an expansive family residence.

Investment Analysis

(N14 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£618/sq ft
Area Average
£587/sq ft
Avg Rent (weekly)
£464
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£679,219
10% above area average per sq ft
Potential ROI
-7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (N14)

Area prices are rising by +10.1% over the last 12 months
3 year growth: +2.3%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on N14 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

Old Farm Avenue, Southgate | Chain Free | Exceptional Potential (STPP)
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 over 30 years at 4.45% 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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