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Chesterfield Road, Barnet, EN5

London

£550,000

Listed on 11/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1197 sqft

Description

This three-bedroom mid-terrace house presents a remarkable opportunity for buyers looking to undertake a comprehensive renovation project. With a generous driveway and a substantial 78 ft south-facing garden, the property is ideal for those wishing to modernise and personalise their living space. The internal layout spans approximately 1197 sq ft, featuring an inviting entrance hall, two reception areas, and a separate kitchen. The first floor accommodates three spacious bedrooms alongside two bathrooms. While the property is in need of complete modernisation, it offers significant potential for enhancement and value addition, pending the relevant approvals. Located on Chesterfield Road, it benefits from convenient access to High Barnet's diverse shops, cafes, restaurants, and excellent transport links including the High Barnet Underground Station (Northern Line). This listing could be particularly attractive for families or investors keen on capitalising on this sought-after residential area.

Investment analysis

(EN5 area)

Below Market Value

This property is priced -23.5% below area average per sq ft

-23.5%
Potential saving
This Property
£459/sq ft
Area Average
£601/sq ft
Avg Rent (weekly)
£463
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£790,744
10% above area average per sq ft
Potential ROI
+21.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Chesterfield Road, Barnet, EN5
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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
£2,078
Based on a loan of £412,500 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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