Worst House on the Street Logo
Wellhouse Lane, Barnet, EN5 - Image 1

Wellhouse Lane, Barnet, EN5

London

£400,000

Listed on 18/07/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
872 sqft

Description

This semi-detached house presents a remarkable opportunity for those looking to invest in a property with significant renovation and development potential. Situated on a generous plot, the home is ripe for modernisation and offers the possibility to extend (subject to necessary permissions), creating an ideal family space that aligns with contemporary living needs. The location is advantageous, being just three-quarters of a mile from local amenities, including The Spires Shopping Centre and various public transport options like High Barnet Underground Station. Families will appreciate proximity to well-regarded schools, enhancing the property's appeal. Internally, the accommodation includes a through reception room, separate kitchen, two bedrooms, and a bathroom with a separate wc. Outside, the gated entrance leads to a driveway and rear garden that further enhances extension possibilities. This property is an exceptional blank canvas awaiting transformation.

Investment analysis

(EN5 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£459/sq ft
Area Average
£601/sq ft
Avg Rent (weekly)
£463
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£576,048
10% above area average per sq ft
Potential ROI
+25.2%
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

Wellhouse Lane, Barnet, EN5
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.