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Elmroyd Avenue, Potters Bar EN6 - Image 1
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Elmroyd Avenue, Potters Bar EN6

London

£900,000
Listed on 04/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1962 sqft

Description

This 5-bedroom detached Hicks property, situated in the desirable Royds area, presents an opportunity for versatile living spaces with excellent potential for refurbishment and expansion, pending planning approval. The home features a master suite upstairs complete with an ensuite and a private balcony that overlooks the attractive south-facing garden, providing a peaceful retreat. Additionally, there are three more well-sized bedrooms—two located on the ground floor, one currently serving as an office space—which cater to various family needs. The ground floor layout includes a bright dining/reception area enhanced by a bay window and a spacious living room that seamlessly connects to the garden through large doors. With its working 1930's Clay-Gate fireplace and generous proportions, this area is ideal for both family gatherings and entertaining guests. The exterior boasts a sizable driveway and garage, with possibilities for conversion or extension that could enhance functionality such as enlarging the kitchen or adding additional living space (subject to planning permission). Located conveniently near schools, transport links to London, and local shops and restaurants, this property not only offers comfort but also significant investment potential in a sought-after location. Whether seeking to update interiors or expand the footprint of the home, this property is ripe for transformation.

Investment Analysis

(EN6 area)

Below Market Value

This property is priced -17.7% below area average per sq ft

-17.7%
Potential saving
This Property
£459/sq ft
Area Average
£558/sq ft
Avg Rent (weekly)
£392
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,203,412
10% above area average per sq ft
Potential ROI
+21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EN6)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 0.8%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on EN6 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

Elmroyd Avenue, Potters Bar EN6
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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
£3,297
Based on a loan of £675,000 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