4-bedroom semi-detached house · N21 2RH
Listing removedListed 302 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***DEVELOPMENT OPPORTUNITY- PLANNING PERMISSION GRANTED*** Addison Townsend are proud to present this lovely semi detached house for sale with a unique development opportunity on Ridge Avenue within 0.7miles of Winchmore Hill as well as walking distance to local shops, bus routes, easy link to the A10 and local schooling.
The accommodation offers a spacious entrance and hallway two generous size reception rooms, kitchen and downstairs W/C.
On the first floor, the property boasts four bedrooms, family bathroom and separate W.C.
Externally, the property offers huge potential with the land to the side of the property to build a three bedroom end of terraced house which would be ideal for developers (drawings in details) Further benefits include gas central heating, double glazing throughout, off street parking and garage to the rear.
This property is being offered chain free. Features Development Opportunity Property Size (sqft): 1691
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Ridge Avenue, Winchmore Hill, London, N21
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