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Windmill Lane, Barnet

London

£1,200,000

Listed on 08/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1070 sqft

Description

This exceptionally spacious two-bedroom bungalow presents a rare investment opportunity, located in a highly desirable area of Arkley. Nestled on a wide plot within an exclusive gated community, the property offers stunning views over Rowley Woods and highlights significant potential for future renovations or extensions, particularly with the presence of two large garages that could be transformed into additional living space, subject to planning permission. The generous layout includes a welcoming entrance hall leading to an expansive kitchen/breakfast room and a bright L-shaped lounge/dining area, both bathed in natural light from numerous windows. The accommodation also features a family bathroom, a study/second bedroom, and a principal bedroom complete with an en-suite bathroom offering both bath and shower facilities. Outside, the well-maintained gardens encircle the home, providing tranquil outdoor spaces complemented by an electric canopy over the patio. The property benefits from off-street parking and is situated in a quiet private road, where many homes have been redeveloped, showcasing the area's long-term investment potential. A nominal maintenance charge for the private road applies occasionally. This bungalow offers not only comfort but also an exciting canvas for creative renovation projects.

Investment analysis

(EN5 area)

Above Market Value

This property is priced +86.7% above area average per sq ft

+86.7%
This Property
£1,121/sq ft
Area Average
£601/sq ft
Avg Rent (weekly)
£463
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£706,847
10% above area average per sq ft
Potential ROI
-45.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EN5)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +4.6%
5 year growth: -2.0%
Investment Disclaimer: Analysis based on EN5 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

Windmill Lane, Barnet
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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
£4,533
Based on a loan of £900,000 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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