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Mayes Road, Wood Green, London, N22 - Image 1
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Mayes Road, Wood Green, London, N22

London

£675,000

Listed on 15/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced house offers a substantial opportunity for renovation, encompassing approximately 1,139 square feet of living space. Ideal for buyers looking to create a home tailored to their own specifications, the property has been in the same ownership since the early 1980s and is now ready for a new owner to undertake a comprehensive refurbishment. The generous proportions of the rooms provide a solid foundation for modernisation, making it particularly appealing to families and first-time buyers seeking a project. Located on Mayes Road in Wood Green, this property benefits from excellent transport links, with Wood Green Underground Station nearby, offering direct access to central London via the Piccadilly Line. The surrounding area boasts a variety of local shops, cafés, and restaurants, along with the popular Wood Green Shopping City and other retail facilities. This combination of spacious accommodation and a well-connected North London location makes it an attractive investment for those looking to enhance and improve their living space.

WHOTS analysis

Our WHOTS verdict

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

41out of 100
Grade ELow opportunity

Confidence: LOW

This three-bedroom terraced house on Mayes Road presents an opportunity for buyers looking to undertake a renovation project. While the property has been in the same ownership since the early 1980s and shows significant wear and tear throughout, its generous room sizes offer a solid foundation for modernisation. The kitchen and living areas require updating, but the overall layout is appealing and well-suited for families or first-time buyers seeking to create a comfortable home.

Despite the asking price of £675,000 appearing dear compared to the local average of £553,826, this property could be a worthwhile investment for those willing to engage in refurbishment. The lack of defined floor area makes it difficult to assess value against local £/sqf, but the potential for improvement is evident. With a renovation budget estimated between £100,000 and £150,000, this project has the chance to transform the home into a contemporary living space while capitalising on its good location near transport links and local amenities.

Key opportunities

  • Generous room sizes provide a solid foundation for modernisation.
  • Excellent potential for improvement in a desirable North London location.
  • Proximity to transport links and local amenities enhances appeal.

Key risks

  • The asking price appears dear compared to local market averages.

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Map

Location

Mayes 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
£2,550
Based on a loan of £506,250 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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