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North Gates, High Road N12

London

£275,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
626 sqft

Description

This two-bedroom ground floor maisonette presents an attractive opportunity for renovation enthusiasts looking to invest in a property with considerable potential in Finchley. Spanning approximately 626 sq ft (58.16 sq m), the layout includes a central hallway leading to all key living spaces. The reception room at the front is spacious and bright, offering an ideal foundation for creating a modern living and dining area tailored to your preferences. At the rear, the separate kitchen opens directly onto a private patio, which could be enhanced into an inviting outdoor space for relaxation or entertaining friends and family. Both bedrooms are conveniently accessed from the hallway, complemented by a family bathroom that awaits modernization. While the property does require full refurbishment throughout, its well-balanced layout offers a promising canvas to increase value through thoughtful updates. Nestled just off the High Road in North Finchley—a vibrant suburb of North London—this maisonette benefits from proximity to various amenities including shops, cafes, restaurants, and leisure facilities like the ArtsDepot theatre. For those who enjoy outdoor activities, nearby parks like Victoria Park and Friary Park provide ample green space. Public transport links are also excellent; both West Finchley and Finchley Central Underground stations are easily accessible, providing quick Northern Line services into Central London. With numerous bus routes along the High Road, commuting options abound. The leasehold status comes with 119 years remaining, an annual service charge of £2,000 (paid bi-annually), and a ground rent of £100 per year. The council tax band is C, and an Energy Performance Certificate (EPC) rating of D indicates areas for energy efficiency improvements.

Investment Analysis

(N3 area)

Below Market Value

This property is priced -30.9% below area average per sq ft

-30.9%
Potential saving
This Property
£439/sq ft
Area Average
£635/sq ft
Avg Rent (weekly)
£488
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£437,536
10% above area average per sq ft
Potential ROI
+34.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (N3)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +3.2%
5 year growth: +7.5%
Investment Disclaimer: Analysis based on N3 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

North Gates, High Road N12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 over 30 years at 4.06% 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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