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Riverside Road, London N15 - Image 1

Riverside Road, London N15

London

£1,325,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1521 sqft

Description

This spacious 3-bedroom semi-detached house presents a significant opportunity for investors or those looking to create their ideal home. With over 140 square meters of living space, including a noteworthy ground floor extension that nearly doubles the original footprint, the property is well-positioned for refurbishment. The layout features a large entrance hallway, multiple reception rooms including a living room and separate dining area, as well as a kosher kitchen diner catering to diverse culinary needs. Additionally, there are two bathrooms and various functional spaces such as an extra reception room and Pesach kitchen/sukkah.<br><br>The house benefits from double glazing throughout and has both front and rear paved gardens, offering potential for landscaping improvements. Currently tenanted until January 2028 with an annual rental income of £44,200, this property not only serves as a comfortable residence but also as an attractive investment. Located near the scenic River Lea and Lea Valley Regional Park, it boasts easy access to public transport links into Central London and is close to vibrant local amenities in Stoke Newington.<br><br>This property provides a blank canvas for renovation enthusiasts looking to enhance its value while enjoying the benefits of a desirable location.

Investment Analysis

(N15 area)

Above Market Value

This property is priced +37.3% above area average per sq ft

+37.3%
This Property
£871/sq ft
Area Average
£634/sq ft
Avg Rent (weekly)
£438
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,061,247
10% above area average per sq ft
Potential ROI
-22.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (N15)

Area prices are rising by +5.1% over the last 12 months
3 year growth: -0.5%
5 year growth: 4.4%
Investment Disclaimer: Analysis based on N15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Riverside Road, London N15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£4,854
Based on a loan of £993,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE