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High Road, Wood Green, London, N22

London

£925,000

Listed on 03/09/2026

The listing

Property details

Bedrooms
5
Type
Terraced
Area
3129 sqft

Description

This mixed-use freehold building is ideally situated just steps away from Wood Green tube station, offering a prime location for both residential and commercial opportunities. Previously occupied by a restaurant, the commercial unit presents a blank canvas for redevelopment or a new business venture. The property features a four-bedroom HMO, along with a self-contained studio on the upper level, providing versatile living arrangements. There is also additional development potential, subject to planning permission, making this an attractive investment prospect. The surrounding area boasts excellent shopping, dining, and leisure amenities, with quick access to Central London via the Piccadilly Line.

WHOTS analysis

Our WHOTS verdict

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

63out of 100
Grade CPotential opportunity

Confidence: LOW

This mixed-use freehold building presents a compelling opportunity for acquisition, especially given its asking price of £925,000, which is significantly below the local average at just £296/sqf. The property is situated in a prime location close to Wood Green tube station and a variety of shopping and dining options, making it ideal for those looking to invest in a bustling area with good transport links.

While the interiors show visible signs of neglect with dated living spaces, bedrooms, and a commercial kitchen that all require refurbishment, this provides a blank canvas for renovation. The existing layout, which includes a 4-bed HMO and a self-contained studio, offers potential for rental income, especially if the property is modernized. The outdoor space is in need of attention, but again, this is an opportunity to enhance the property's appeal. Overall, this property offers a solid foundation for a worthwhile refurbishment project, leveraging its advantageous price point in a desirable location.

Key opportunities

  • Prime location near transport links and amenities
  • Potential for rental income through HMO setup
  • Blank canvas for renovation to enhance value

Key risks

None recorded.

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Map

Location

High Road, Wood Green, London, N22
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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
£3,495
Based on a loan of £693,750 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

Stamp duty calculator

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

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