2-bedroom terraced house · N18 2PT
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In brief This two bedroom, two bathroom end of terrace Victorian house in Upper Edmonton close to Silver Street overground station and within easy walking distance of shops, services, and green spaces has lots of potential for updating and adding value.
Property description Lying on a tree-lined street, this two bedroom end of terrace house has an appealing frontage with a smart red picket fence and front door.
This opens into an internal porch and the front lounge which has a wide south-facing window and at 15’6” by 13’2” is a good size.
White walls amplify sense of space and light, and a welcoming engineered wood floor runs through to the kitchen/diner beyond.
Fitted with a generous amount of wall and floor cabinets the kitchen has also space for a dining table. This is the hub of the home, with doors to the lean-to extension and the ground floor bathroom.
The L-shaped lean-to single storey extension wraps around the rear of the house.
Currently a rather makeshift lean-to structure, this has the potential to be a large second living room with direct access to the rear garden.
Recently modernised, the bathroom on this floor has large format floor and wall tiles and a contemporary white suite comprising a fitted bath with a mixer shower, a washbasin console, and a WC.
A small high-level window provides natural light and ventilation. Upstairs there are two double bedrooms.
The front bedroom is panelled, has two south-facing windows and is slightly larger, whilst the rear bedroom overlooks the garden and has an original cast iron fireplace and an en suite shower room with a washbasin and WC.
The property has double glazing and gas central heating and, whist modernised in parts, has considerable potential for updating and adding value, The 28ft rear garden has a brick garden studio at the end and is fully paved, making it ideal for all-year use.
Local life The property is within a five-minute walk of a wide range of shops and other amenities around Silver Street station and lies about half a mile to the south of Edmonton town centre.
Silver Street Overground station, a ten-minute walk from the property, has regular 28-minute trains to Liverpool Street in the City.
There are lots of parks and green spaces nearby including Craig Park mere minutes away, Pymmes Park within half a mile, and the Lee Valley Reservoir Chain (1-2 miles away) with its numerous walkways and cycle paths linking the reservoirs and wetlands.
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
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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 2, Lansfield Avenue, London
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