Mays Lane, Barnet, EN5
London
£400,000
Listed on 15/09/2026
Listed on 15/09/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
715 sqftFeatures
- Garden
Description
This two-bedroom terraced house presents a promising opportunity for renovation and potential extension, subject to necessary planning permissions. The property features a generous 65ft rear garden with vehicular access from Chesterfield Road, enhancing its appeal for outdoor activities or future development. Inside, the accommodation consists of two reception rooms, a kitchen, and a ground floor bathroom, with two bedrooms located on the first floor.
Situated in a desirable residential area, the home is conveniently located near Whitings Hill Primary School and is less than a mile from High Barnet High Street and The Spires Shopping Centre, which offers a variety of amenities including Waitrose, H&M, and Anytime Fitness. High Barnet Underground Station is also within easy reach, providing straightforward access to central London. The area is well-served by several reputable schools, making it an attractive option for families looking to invest in a property with significant potential.
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 light modernisation project with a clear canvas: the reception rooms and bedrooms are usable but dated, the bathroom needs updating, and there is scope to refresh the flooring and bring the long rear garden back into shape. The listing also states potential to extend, subject to planning consent; the garden’s stated vehicular access adds to its appeal.
At £400,000, the asking price works out at £559/sq ft, 6.8% below the local average, which is a positive for WHOTS. The overall score is still a weaker 59/100: the economics are only moderate, with the purchase price plus the £9,000–£18,000 renovation range leaving a relatively slim margin against the implied current local average value. Its location and generally usable condition provide a worthwhile starting point, but there is not a large cushion in the numbers.
Key opportunities
- Modernise the dated interiors and bathroom while keeping the generally clear, usable reception rooms and fitted kitchen as a practical starting point.
- Improve the 65ft rear garden through clearance and tidying, with vehicular access stated from Chesterfield Road.
- Explore the listing’s stated extension scope, subject to the necessary planning consents.
Key risks
None recorded.
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Transport
Nearest stations
High Barnet Underground Station
0.9 miles
Underground · Barnet
Totteridge & Whetstone Underground Station
1.6 miles
Underground · Whetstone
New Barnet Rail Station
1.7 miles
Train · New Barnet
Oakleigh Park Rail Station
2.0 miles
Train · Oakleigh Park
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,634
Based on a loan of £300,000 over 30 years at 5.13% 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.
Pricing
Price history
-5.9% since listed
£400,000£25,000(-5.9%)
15/10/2026£425,000Initial listing
15/09/2026Services
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