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Spencer Road, London, N17

London

£600,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
962 sqft

Description

Nestled on a tranquil residential street, this three-bedroom home is an intriguing prospect for those looking to invest in a property with renovation potential. Located within walking distance of Tottenham Marshes, the house features extended living areas that have been stylishly updated on the ground floor, creating an open plan reception and dining space that seamlessly leads into a modern kitchen. While the interior is bright and airy, offering abundant natural light throughout the day, there remains significant scope for personalisation and enhancement in various areas. The rear garden stands as an inviting canvas—well-maintained yet ripe for development into an outdoor studio or office space, subject to planning permissions. Accessibility is another strong point; Spencer Road is conveniently positioned near Bruce Grove, Northumberland Park, and Tottenham Hale stations, enabling swift travel into central London via multiple transport options. The local amenities include independent cafés, pubs, and restaurants that are steadily enriching the community vibe. For nature lovers, nearby parks such as Walthamstow Wetlands and Bruce Castle Park offer excellent recreational opportunities. Additionally, the proximity of outstanding educational facilities like Pembury House nursery makes it suitable for families seeking both comfort and growth potential in a desirable area.

Investment Analysis

(N17 area)

Above Market Value

This property is priced +11.0% above area average per sq ft

+11.0%
This Property
£624/sq ft
Area Average
£562/sq ft
Avg Rent (weekly)
£496
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£594,550
10% above area average per sq ft
Potential ROI
-7.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (N17)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -6.5%
5 year growth: +2.4%
Investment Disclaimer: Analysis based on N17 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

Spencer Road, London, N17
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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
£2,267
Based on a loan of £450,000 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.

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