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Oakmere Lane, Potters Bar EN6 - Image 1
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Oakmere Lane, Potters Bar EN6

London

£750,000
Listed on 10/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1711 sqft

Description

This three-bedroom detached chalet bungalow is situated adjacent to Oakmere Park, offering excellent potential for renovation and expansion. The property features a through lounge, a kitchen/diner with direct access to a conservatory and the rear garden, as well as two bathrooms and ample parking options including a garage accessible via its own driveway. While the home is currently functional, it presents opportunities for enhancement or modernization, especially in terms of the kitchen and bathrooms which could benefit from updates to meet contemporary standards. The expansive garden provides additional scope for outdoor improvements or even extending the living space (subject to planning permission). Located conveniently near Potters Bar High Street and local amenities, this property is offered chain-free. Internal viewings are encouraged to fully appreciate its potential.

Investment Analysis

(EN6 area)

Below Market Value

This property is priced -21.4% below area average per sq ft

-21.4%
Potential saving
This Property
£438/sq ft
Area Average
£558/sq ft
Avg Rent (weekly)
£392
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£1,049,459
10% above area average per sq ft
Potential ROI
+32.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Oakmere Lane, 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
£2,747
Based on a loan of £562,500 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