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Vernon Crescent, East Barnet EN4

London

£360,000
Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
677 sqft

Description

This first-floor maisonette, featuring two spacious double bedrooms, offers significant renovation potential. With its own private rear garden and a well-proportioned reception room, the property requires a complete overhaul. Located in a tranquil residential area just off Mansfield Avenue, it provides easy access to Cat Hill for bus services and is within reach of Cockfosters catering to local shops, eateries, and the Piccadilly Line station. Additionally, East Barnet and Oak Hill Park are nearby amenities. This property falls within the catchment area for reputable local schools including East Barnet Secondary School and Danegrove Junior School. Being offered chain-free gives this investment a straightforward pathway to renovation and market readiness. The entrance leads to all main areas including a separate kitchen, bathroom, and generous living space, making it an ideal candidate for transformation into a modern home.

Investment Analysis

(EN4 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£532/sq ft
Area Average
£626/sq ft
Avg Rent (weekly)
£528
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£466,294
10% above area average per sq ft
Potential ROI
+11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EN4)

Area prices are falling by -2.4% over the last 12 months
3 year growth: +0.1%
5 year growth: -1.3%
Investment Disclaimer: Analysis based on EN4 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

Vernon Crescent, East Barnet EN4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,284
Based on a loan of £270,000 over 30 years at 3.97% 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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