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Paisley Road, London, N22 5RA

London

£550,000

Listed on 27/08/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
910 sqft

Features

  • Garden

Description

This chain-free three-bedroom mid-terraced house presents a promising opportunity for renovation and extension. The property features a front garden and an entrance hallway leading to two interconnecting reception rooms, providing a versatile living space. The separate kitchen, which opens to a rear garden, offers potential for modern upgrades. Upstairs, the first-floor landing grants access to three bedrooms and a family bath/shower room/WC. Ideally situated in a popular residential area, the property is close to local amenities, schools, and transport links, including Wood Green Tube/Transport Hub, making it an attractive option for families and investors alike. With its need for updating, this home is ripe for refurbishment, allowing new owners to tailor it to their tastes.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

59out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This is a liveable three-bedroom terrace with a clear, manageable cosmetic project: refresh the dated kitchen and hallway, then reclaim the overgrown rear garden. The usable living areas, three bedrooms and recently updated double-glazed windows give you a solid base, while the listing also mentions potential to extend, subject to feasibility.

At £550,000, the asking price works out at about £604/sq ft, around 3.9% below the local average, which is a positive starting point. The overall opportunity is still weak on the numbers: the indicative purchase-plus-renovation midpoint is close to the implied local average value, leaving little margin before fees or other costs.

Key opportunities

  • Modernise the older kitchen and hallway finishes while retaining the usable living spaces and bedrooms.
  • Clear and maintain the overgrown rear garden to make better use of its outdoor space.
  • Explore the stated extension potential, subject to confirming feasibility.

Key risks

None recorded.

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Map

Location

Paisley Road, London, N22 5RA
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
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.

Tax

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Indicative tax based on the asking price and the options you select.

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