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New River Way, London

London

£340,000

Listed on 23/06/2026

Property details

Bedrooms
1
Type
End Of Terrace
Area
431 sqft

Description

This generous second-floor one-bedroom flat presents a unique opportunity for enhancement, situated conveniently near Manor House Underground Station. The property boasts significant potential for modernization, making it an attractive prospect for both first-time buyers and investors who wish to personalize their living space. The flat features a spacious reception room that invites natural light, a functional fitted kitchen, a large double bedroom, and a three-piece family bathroom. Additional perks include an allocated parking spot and visitor parking available via an app. Its prime location means residents enjoy easy access to the Piccadilly Line at Manor House Station and various bus routes that connect to central London and beyond. The vibrant lifestyle offerings of Finsbury Park and Highbury are just minutes away, with an array of restaurants, cafés, boutique shops, and essential services at your fingertips. For those who appreciate outdoor spaces, several parks and recreational areas—including Clissold Park and Gillespie Nature Reserve—are within walking distance. With manageable ground rent under £100 per year and a reasonable service charge of £1,677.12 annually, the property is positioned well for future value appreciation in this sought-after area.

Investment analysis

(N4 area)

Above Market Value

This property is priced +0.6% above area average per sq ft

+0.6%
This Property
£789/sq ft
Area Average
£784/sq ft
Avg Rent (weekly)
£573
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £22,000
Target Value
£371,860
10% above area average per sq ft
Potential ROI
+2.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (N4)

Area prices are stable by -0.2% over the last 12 months
3 year growth: -8.7%
5 year growth: -0.2%
Investment Disclaimer: Analysis based on N4 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

New River Way, London
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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
£1,284
Based on a loan of £255,000 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.

Stamp duty calculator

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