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Woodfall Avenue, Barnet, EN5

London

£550,000

Listed on 10/10/2026

The listing

Property details

Bedrooms
2
Type
Bungalow
Area
795 sqft

Description

This semi-detached bungalow offers a unique opportunity for renovation and personalisation, ideal for those looking to create a contemporary living space. Having been in the same ownership for nearly 60 years, the property is ripe for modernisation and comes with significant potential for extension to the rear and the possibility of loft conversion, subject to necessary planning permissions. Located conveniently near High Barnet town centre, residents will enjoy easy access to a variety of shops, bars, and restaurants, as well as a popular Saturday food market. The nearby High Barnet Underground Station provides direct links to London’s West End and the City, making it an attractive spot for commuters. The existing layout features a front-aspect reception room, a separate rear sitting room, and a kitchen with an adjoining lean-to. There are two double bedrooms, with the second currently divided into two rooms, alongside a three-piece family bathroom and a boarded loft room. Externally, the property boasts an impressive 82ft rear garden accessible via a crazy paved patio area. Off-street parking is available at the front, complemented by a shared driveway leading to a single garage. With its generous potential and prime location, this property presents an exciting opportunity to develop a spacious and versatile family home.

WHOTS analysis

Our WHOTS verdict

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

35out of 100
Grade ELow opportunity

Confidence: MEDIUM

This semi-detached bungalow is brimming with potential for a keen renovator looking to create a modern family home. Although the asking price of £550,000 appears dear at £692/sqf compared to the local average of £601/sqf, the property does offer a generous garden and a good location near amenities and schools. The dated interiors throughout, including an older kitchen and visible signs of age, present a clear opportunity for modernization and improvement.

With a renovation range estimated between £40,000 and £80,000, the all-in cost could stretch to £610,000. This would place the total investment above the implied local value of £477,437, highlighting a potential economic challenge. However, the intrinsic value of the location and the opportunity for extension and loft conversion could make this a worthwhile project for the right buyer willing to navigate the necessary updates.

Key opportunities

  • Scope for modernization throughout the property, allowing for a tailored living space.
  • Potential for rear extension and loft conversion, subject to planning consent.
  • Generous garden space, ideal for outdoor living and family activities.

Key risks

  • Asking price plus renovation costs leave total investment stretched versus local benchmarks for this floor area.
  • Factor in roughly £610,000 when purchase and the £60,000 refurb range are added together — roughly 22% above what comparable floor area achieves locally in current condition; post-works value sits outside our data.

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Map

Location

Woodfall Avenue, Barnet, EN5
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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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