St. Mary's Road, Edmonton N9
London
£480,000
Listed on 18/09/2026
Listed on 18/09/2026
The listing
Property details
Bedrooms
3Type
TerracedFeatures
- Tenanted
Description
Relocation Homes is marketing this freehold, three-bedroom terraced house as an occupied investment, with the listing stating that it currently generates £25,000 per annum in rent. The accommodation is described as spacious and well maintained, and the existing tenancy provides income while the property remains in its current configuration.
The listing also identifies possible reconfiguration into a separate one-bedroom dwelling and a three-bedroom dwelling. This is an unapproved possibility rather than an established scheme, and would depend on planning permission, building regulations and any other required consents. Buyers may instead retain the current layout and rental arrangement. The property is offered for sale by private treaty.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
56out of 100
Grade DWeak opportunity
Confidence: LOW
This is a clean, usable three-bedroom house with a maintained enclosed garden and scope for light cosmetic updates, particularly refreshing the timber-panelled living-room feature wall and dated kitchen fronts. The existing £25,000 annual rental income gives it an immediate investment angle; the listing also describes possible reconfiguration into separate one- and three-bedroom dwellings, subject to the necessary consents and feasibility checks.
At 56/100, this is a weaker overall opportunity rather than a clear value-led buy. Floor area is missing, so value against local £/sqf cannot be judged yet. The uneven or damaged sections of the front boundary wall merit inspection, while the proposed conversion remains unverified by the photos.
Key opportunities
- Refresh the timber-panelled living-room feature wall and dated kitchen fronts with light cosmetic work.
- Retain the existing tenancy and stated £25,000 annual rental income as an immediate investment route.
- Explore the described one-bedroom and three-bedroom reconfiguration, subject to feasibility and required consents.
Key risks
- Uneven or damaged sections of the front boundary wall need inspection and may require local repair.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,813
Based on a loan of £360,000 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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Pricing
Price history
-3.0% since listed
£480,000£35,000(-6.8%)
17/09/2026£515,000+£20,000(+4.0%)
17/03/2026£495,000Initial listing
19/11/2023Services
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