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Summerlee Gardens, London N2

London

£1,500,000
Listed on 27/12/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This four-bedroom, two-bathroom terraced home presents a rare opportunity for renovation enthusiasts and investors alike. Nestled in a quiet cul-de-sac on Summerlee Gardens, the property boasts many original features that can be beautifully restored or updated to suit modern tastes. The ample space allows for potential extensions (subject to planning permission), making it an ideal canvas for those looking to expand both living and outdoor areas. The outbuilding at the rear adds extra versatility, suitable for use as an office, studio, or gym. With Cherry Tree Woods just a stone's throw away and East Finchley Underground Station within walking distance, this location combines tranquility with quick access to central London. The surrounding area is well-regarded for its excellent educational options and vibrant community atmosphere, enhancing its investment appeal.

Investment Analysis

(N2 area)
Area Average
£788/sq ft
Avg Rent (weekly)
£702
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by +18.3% over the last 12 months
3 year growth: -15.1%
5 year growth: -8.6%
Investment Disclaimer: Analysis based on N2 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

Summerlee Gardens, London N2
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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
£5,495
Based on a loan of £1,125,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE