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Paisley Road, London, N22 5RA - Image 1
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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

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.

55out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This three-bedroom mid-terraced house presents a solid renovation opportunity in a desirable location, being chain-free and conveniently close to transport links and amenities. While the property is dated and shows signs of general wear throughout, it offers a canvas for improvement, particularly in the kitchen and living areas. The garden, currently in poor condition, could also be revitalised to enhance the outdoor space.

With an asking price of £550,000, the property is competitively priced at £604/sqf, slightly below the local average of £629/sqf. This offers a reasonable entry point for potential buyers looking to add value through renovation. The projected renovation costs range from £40,000 to £80,000, allowing for flexibility in how much work can be undertaken to elevate the home's appeal. The overall economics suggest a moderate opportunity, with the potential for significant upside once updates are completed.

Key opportunities

  • Good location with transport links and amenities nearby
  • Chain-free status simplifies the buying process
  • Potential to extend or refurbish to enhance value

Key risks

None recorded.

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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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