2-bedroom terraced house · N11 2PR
For saleListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In brief This modern two-storey terraced freehold townhouse just moments from the shops and tube station in the centre of Bounds Green lots of potential for a buyer to add value.
It has a paved back garden and a leasehold single garage in a nearby block.
Property description Located in the middle of a terrace of three modern flat-fronted houses, this two-storey, two-bedroom freehold property has paved front and back gardens.
The house has an open southerly aspect to the front.
Inside, the efficient layout makes excellent use of the 765 sq ft of space with a large living room, separate kitchen, and WC on the ground floor, and two bedrooms and a bathroom on the second floor.
There’s plenty of built-in storage space throughout including a built-in understairs cupboard, a fully fitted kitchen, and extensive fitted wardrobes in both bedrooms.
Additional storage (or car parking) space is provided by the brick single garage that is being sold with the property. Located in a nearby block this has 61 years remaining on the lease.
The front door of the house opens into a hallway with the main living room straight ahead, a separate kitchen to the right, and a WC to the left.
Measuring 17’2” by 14’7” the living room is large and has plenty of space for a lounge area and a dining table.
It has wood laminate flooring, white-painted walls and ceiling, and a handy hatch with glazed sliding doors that gives easy access to the adjacent kitchen.
A wide window and French doors provide excellent natural light and the French doors open into the fully paved back garden.
The 8’5” by 8’3” kitchen has fitted wall and floor cabinets and an integrated sink, oven and hob. A wide south-facing window above the sink provides plenty of natural light and open leafy views.
Upstairs, the large main bedroom (14’7” by 12’10”) is at the rear and the second bedroom (12’4” by 8’2”) is at the front. Both have wide windows, fitted wardrobes and are carpeted.
The fully tiled bathroom has a fitted bath, a freestanding washbasin and WC, and a wide obscured glass window. The 15’5” by 15’3” garden is fully paved, making it suited to year-round use.
The property is in reasonable condition throughout and has double glazing. It offers buyers significant potential to add value through renovation.
Local life There is a wide selection of local shops, cafes, and restaurants within a 5–10-minute walk in the centre of Bounds Green.
Popular Myddleton Road, known for its independent and artisan stores, pop up markets and friendly community feel, is just half a mile away.
Transport connections are good, with three stations within a mile offering fast, direct connections to central London.
The nearest, Bounds Green on the Piccadilly Line, is less than a five-minute walk. The North Circular Road is a five-minute drive.
There are lots of local green spaces including Springfield Community Patk two minutes’ walk away, the Oliver Tambo Recreation Ground (10 min), and 196-acre Alexandra Park (20 min).
Money laundering regulations Should a purchaser(s) have an offer accepted on a property marketed by Thomas James Estate Agents, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £25+VAT (£30) per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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
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FAQ
About 26, Palace Road, London
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