Steele Road, London

London

£550,000

Listed on 23/07/2026

Property details

Bedrooms

Type

Terraced

Area

1029 sqft

Description

This three-bedroom property in Tottenham presents a promising chance for renovation enthusiasts. Situated conveniently close to Bruce Grove Station, which offers direct access to Liverpool Street, the home is perfectly positioned for commuters. While the interior requires full modernisation, it provides a blank canvas for creative improvements and potential expansions, pending necessary consents. The layout includes a reception room, kitchen/diner, utility area, three bedrooms, and a family bathroom, alongside a private rear garden. This is an ideal opportunity for families or investors looking to enhance property value in a sought-after N17 area.

Investment analysis

(N17 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%

Potential saving

This Property

£534/sq ft

Area Average

£563/sq ft

Avg Rent (weekly)

£489

Avg Yield

5.8%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£25,000 - £40,000

Target Value

£637,656

10% above area average per sq ft

Potential ROI

+8.1%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (N17)

Area prices are falling by -3.0% over the last 12 months

3 year growth: -8.0%

5 year growth: -2.1%

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

Steele Road, London

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

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.