5 Bed Terraced House, Refurb/BRRR, London, N22 8QX, £769,995

Palmerston Road, LONDON, N22 8QX - a month ago

Sold STC
Refurb/BRRR
~178 m²
+13 photos

ValuationFair Value

Sold Prices£640K - £1.8M
Sold Prices/m²£4.1K/m² - £13.1K/m²

 

 

Square Metres

~178.28 m²
Price/m²£4.3K/m²

Value Estimate

£769,995

 

 

End Value (After Refurb)

£1,195,627

Uplift in Value

+55%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£192,499

Stamp Duty & Legal Fees

£65,700

Refurb Costs

£94,231

Bridging Loan Interest

£20,212

Total Cash In

£374,392

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,195,627

Agent Fees (1%)

£11,956

Bridging Loan

£577,496

Bridging Loan Interest

£20,212

Flip Profit

£231,783

Local Sold Prices

39 sold prices from £640K to £1.8M, average is £1.0M. £4.1K/m² to £13.1K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£880K01/240.42 mi17, Broomfield Lane, London, Greater London N13 4HB5
£1.1M12/230.42 mi5, Broomfield Lane, London, Greater London N13 4HB5
£825K06/230.43 mi7, Queens Road, London, Greater London N11 2QJ5
£730K09/210.44 mi47, Clarence Road, Wood Green, London, Greater London N22 8PG5
£1.1M09/220.45 mi31, Maidstone Road, London, Greater London N11 2TR5
£888K01/230.47 mi67, Warwick Road, London, Greater London N11 2SP5
£860K12/230.5 mi23, Highworth Road, London, Greater London N11 2SL5
£1.2M03/210.66 mi58, Old Park Road, London, Greater London N13 4RE5
£1.2M05/210.66 mi67, Old Park Road, London, Greater London N13 4RG5
£895K06/210.67 mi76, Grovelands Road, London, Greater London N13 4RH5
£835K06/230.68 mi12, The Crest, London, Greater London N13 5JT5
£1.3M08/230.69 mi17, Grovelands Road, London, Greater London N13 4RJ5
£1.0M03/210.7 mi8, Blake Road, London, Greater London N11 2AA5
£1.2M01/210.7 mi14, Powys Lane, London, Greater London N14 7JG5
£640K01/210.7 mi17, Hastings Road, London, Greater London N11 2RJ5
£640K01/210.7 mi17, Hastings Road, London, Greater London N11 2RJ5
£1.4M07/220.71 mi44, Lakeside Road, London, Greater London N13 4PR5
£950K06/210.72 mi2, Lynton Gardens, London, Greater London N11 2NN5
£1.2M12/230.72 mi23, Woodfield Way, London, Greater London N11 2NP5
£857K05/210.73 mi17, Cornwall Avenue, London, Greater London N22 7DA5
£1.1M06/210.74 mi12, Ulleswater Road, London, Greater London N14 7BS5
£1.2M10/220.75 mi52, Derwent Road, London, Greater London N13 4PU5
£1.1M01/210.76 mi29, Ulleswater Road, London, Greater London N14 7BL5
£850K12/200.76 mi3, Torrington Gardens, London, Greater London N11 2AB5
£985K11/230.77 mi29, Fox Lane, London, Greater London N13 4AB5
£970K01/210.77 mi27, Fox Lane, London, Greater London N13 4AB5
£795K01/210.85 mi16, New River Crescent, London, Greater London N13 5RF5
£1.8M12/220.86 mi40, Forestdale, London, Greater London N14 7DX5
£1.2M12/210.87 mi11, St Michaels Terrace, London, Greater London N22 7SJ5
£712.5K06/210.88 mi30, Windsor Road, London, Greater London N13 5PR5
£795K11/200.9 mi1, Raith Avenue, London, Greater London N14 7DU5
£1.1M11/210.92 mi61, Outram Road, London, Greater London N22 7AB5
£945K02/210.92 mi67, Caversham Avenue, London, Greater London N13 4LL5
£1.3M10/230.92 mi23, Winton Avenue, London, Greater London N11 2AS5
£1000K02/230.93 mi16, Selborne Road, London, Greater London N14 7DH5
£1.3M11/200.95 mi43, Victoria Road, Wood Green, London, Greater London N22 7XA5
£1.3M08/210.95 mi11, Victoria Road, Wood Green, London, Greater London N22 7XA5
£1.4M07/230.98 mi28, Harcourt Road, London, Greater London N22 7XW5
£1.4M10/210.98 mi13, Harcourt Road, London, Greater London N22 7XW5

Local Rents

50 rents from £1.8K/mo to £3.8K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,55506/240.08 mi-4
£2,55003/250.1 mi-3
£2,55003/250.1 mi-3
£2,79905/240.1 miWhittington Road, Bounds Green N224
£2,79905/240.1 miWhittington Road, London, N225
£2,79905/240.1 miWhittington Road, Bounds Green N224
£3,10005/240.11 miMelbourne Avenue, Palmers Green, N134
£3,79903/250.11 mi-5
£3,10005/240.12 miMelbourne Avenue, Palmers Green, N134
£3,10005/240.12 miMelbourne Avenue, Bowes Park4
£3,10005/240.12 miMelbourne Avenue, Palmers Green4
£3,10005/240.17 miMelbourne Avenue, London4
£3,10002/240.17 mi-4
£3,10002/240.17 mi-4
£3,10005/240.17 mi-4
£2,95005/240.17 mi-4
£2,90005/240.17 mi-4
£2,90006/240.17 miMelbourne Avenue, Palmers Green, N133
£3,10005/240.17 miMelbourne Avenue, London4
£3,50004/250.17 mi-4
£2,64505/240.18 miKelvin Avenue, Palmers Green, N134
£2,30005/240.18 mi-3
£2,80005/240.18 miKelvin Avenue, London4
£2,30007/240.2 miMarlborough Road3
£1,80005/240.21 miBeech Road, London, N113
£2,40005/240.23 mi-3
£2,35003/250.25 mi-3
£2,50005/240.26 miMarquis Road, Wood Green, N224
£1,95005/240.26 miManor Road, Bowes Park, N22 8YJ3
£2,60005/240.26 miWestminster Drive, London, N135
£2,35012/240.27 mi-3
£2,65006/240.27 miWestbury Road4
£2,60007/240.28 mi-3
£1,75005/240.3 miMyddleton Road, London3
£2,15006/240.3 miMyddleton Road, Wood Green3
£2,75005/240.31 miPrinces Avenue, Palmers Green, N133
£2,30007/240.32 miMyddleton Road, London, Greater London, N223
£2,60005/240.33 miHigh Road, N22, Wood Green, London, N223
£1,90005/240.33 miBowes Road, London, N113
£2,30005/240.34 miLyndhurst Road, London, N223
£2,15005/240.34 miLyndhurst Road, London, N223
£2,15005/240.34 miLyndhurst Road, London, N223
£2,30005/240.34 miLyndhurst Road, London, N223
£2,29505/240.34 miLyndhurst Road, London, N223
£2,70007/240.34 miHampshire Road, London, N225
£1,90005/240.35 miBowes Road, Bounds Green, N113
£3,30007/240.35 miArcadian Gardens, London, N224
£2,14504/250.35 mi-3
£2,20005/240.35 miBelmont Avenue, Palmers Green, N133
£3,80006/240.36 miRichmond Road London N115

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

5.73 miles away

Nearest school

0.40 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £769,995

March 11, 2025

Floor Plans

Description

Presenting a unique chance to return this expansive five-bedroom, three-reception Edwardian house to its former grandeur. This distinguished family home features off-street parking for two cars and a remarkable 87-foot garden, with endless potential for renovation and extension to maximize its size and appeal. Nestled in one of North London´s most desirable areas, Bowes Park, this residence combines spacious living with a fantastic location close to excellent amenities. This is a rare find for those seeking a spacious family home with character and charm—don´t miss the opportunity to make it your own.

Agent Details

Wilkinson Byrne, London

020 3870 5037

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪