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Meadway, Barnet, EN5

London

£650,000

Listed on 18/10/2026

The listing

Property details

Bedrooms
3
Type
Bungalow
Area
957 sqft

Features

  • Garage
  • Garden
  • Parking

Description

This chain-free three-bedroom bungalow is offered for updating and has a generous rear garden, driveway and garage. The accommodation includes a through lounge, separate kitchen, family bathroom and an additional shower room. The listing notes scope to extend or develop, subject to the necessary planning permissions. High Barnet Underground and New Barnet mainline stations are both within reach, with bus services including the 184 and 383 providing further connections. Nearby amenities include shops, cafés and restaurants at High Barnet, along with facilities at The Spires, Everyman Cinema and Victoria Park Leisure Centre. Schools in the area include Cromer Road Primary, Queen Elizabeth’s Boys’ and Girls’ Schools, and Ark Pioneer Academy.

WHOTS analysis

Our WHOTS verdict

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

44out of 100
Grade ELow opportunity

Confidence: MEDIUM

This is a moderate, usable project with a strong canvas: a 100ft established rear garden, driveway and garage, plus a through lounge and scope to explore extending subject to planning. The photographed interiors are dated, with clear opportunities to update the kitchen and bathroom, refresh the décor and replace older carpets; the available exterior views look generally intact.

The asking price is the main constraint. At £679/sqf, it is around 13% above the local average, and adding the £35,000–£65,000 refurbishment range to the £650,000 asking price leaves the likely purchase-and-works cost stretched against local benchmarks for this floor area. That is a comparison with current local average value, not a forecast of post-works value, so the garden and improvement potential need to justify the premium.

Key opportunities

  • The 100ft established rear garden, driveway and garage give the property a distinctive outdoor setting and room to explore the stated extension potential, subject to planning.
  • The dated kitchen and blue bathroom suite offer clear scope for modernisation, alongside refreshed finishes and flooring through the photographed living areas.
  • The through lounge is already furnished and usable, providing a practical starting point while improvements are carried out.

Key risks

  • At the asking price, the £35,000–£65,000 works budget pushes purchase-plus-refurb costs above local average benchmarks for this floor area, leaving limited support from the current-value comparison.
  • Plan on something close to £700,000 including the asking price and quoted works of about £50,000 — around 18% above what similar-sized stock commands locally today — current-condition benchmarks only, not after-works GDV.

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Map

Location

Meadway, 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
£2,456
Based on a loan of £487,500 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.

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