Tramway Avenue, London, N9
London
£410,000
Listed on 20/08/2026
Listed on 20/08/2026
The listing
Property details
Bedrooms
2Type
HouseFeatures
- Garden
Description
This two-bedroom house is within reach of Edmonton Green Station and local amenities. The accommodation includes two reception rooms, a fitted kitchen, a ground-floor WC and a first-floor bathroom, with a large rear garden. Double glazing and gas central heating are stated, and the EPC rating is D.
The property is held on a lease with approximately 985 years remaining, no service charge and ground rent of £10 per year. It may suit buyers seeking a home with scope to update or an investment purchase; the extent of any work should be assessed at viewing.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
51out of 100
Grade DWeak opportunity
Confidence: LOW
This is a liveable two-bedroom house with a useful mix of two reception rooms, a fitted, functional kitchen and a long rear garden. The main value-add looks like a modest refresh to the dated reception décor, alongside tidying the garden and addressing sections of leaning fence; the stated renovation range is £5,000–£15,000. Its 985-year lease, no service charge and £10 annual ground rent are attractive fundamentals, and Edmonton Green Station and local amenities are within easy reach.
The overall score is 51/100, grade D: the project is straightforward, but the numbers do not establish how good the price is relative to local value. Floor area is missing, so comparison against local £/sq ft cannot yet be judged; the listing price is £410,000. The available photos also do not establish the condition of the roof or building fabric.
Key opportunities
- Refresh the dated reception décor, including the patterned wallpaper and pink feature wall.
- Improve the long rear garden with clearance, lawn work and attention to the leaning fence sections.
- Benefit from the 985-year lease, no service charge and £10 annual ground rent.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,549
Based on a loan of £307,500 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.
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