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Grainger Road, London N22 - Image 1
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Grainger Road, London N22

London

£600,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
861 sqft

Description

Located in the vibrant area of Wood Green, this three-bedroom terraced house offers an appealing canvas for both first-time buyers and families interested in a home that holds potential for enhancement. The property is conveniently situated near Wood Green Underground station on the Piccadilly line, providing swift access to central London, while Alexandra Palace's parks and cultural attractions are just a short distance away. Local amenities, including The Mall Wood Green, ensure that shopping needs are well catered for, complemented by excellent bus services throughout North London.<br><br>Welcoming you is a tiled pathway leading up to a charming bay-fronted façade that allows natural light to pour into the interior. The ground floor features two spacious reception rooms; the front room boasts an original fireplace that adds historical character and serves as a captivating centerpiece. This well-designed layout promotes flexibility for family living or entertaining guests.<br><br>The rear section of the house includes a large kitchen-diner, which presents ample opportunity for everyday use and hosting gatherings. There is significant potential here to expand upon this space (subject to planning permission), whether it's updating the kitchen or creating an open-plan design that seamlessly connects with the garden.<br><br>Outside, the manageable rear garden combines sleek artificial grass with inviting decking, presenting a low-maintenance retreat ideal for relaxation or entertaining throughout the year. Its thoughtful design ensures ease of upkeep while maximizing outdoor enjoyment—particularly suited for busy families or those who prefer leisure over maintenance.<br><br>Wood Green boasts a lively community with an attractive blend of local conveniences and green spaces. Shopping venues, cafes, and eateries provide all necessities for everyday life, while Alexandra Palace offers expansive parkland and cultural activities for weekend enjoyment. The area's ongoing regeneration contributes to its desirability as an emerging location for prospective homeowners looking to add value while personalizing their living space.<br><br>This terraced house combines historical charm with modern convenience and considerable investment potential, making it an excellent choice for first-time buyers and growing families eager to create their dream home in a well-connected part of North London.

Investment Analysis

(N17 area)

Above Market Value

This property is priced +23.4% above area average per sq ft

+23.4%
This Property
£697/sq ft
Area Average
£565/sq ft
Avg Rent (weekly)
£518
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£535,017
10% above area average per sq ft
Potential ROI
-17.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (N17)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -7.4%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on N17 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

Grainger Road, London N22
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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
£2,164
Based on a loan of £450,000 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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