Mays Lane, Barnet, EN5
CA

Mays Lane, Barnet, EN5

By Castles Estate Agents

£ 550,000

Reviews

3 out of 5 stars

Castles Estate Agents says ..

A great opportunity to acquire this three bedroom family home. Offering generous size living space with potential to extend. (S.T.P.P.). The property requires some updating, however, offers excellent scope for improvements. Accommodation comprises; bright dual-aspect through lounge, separate ...

Property Oracle says ..

This three-bedroom terraced house located on Mays Lane in Barnet, EN5, presents a mixed bag of opportunities and challenges for potential buyers. The property’s key strengths lie in its location. It’s conveniently situated near several primary schools, including Underhill School and Underhill Infants School, both rated as ‘Requires Improvement’ by Ofsted. While not directly on the high street, access to transportation is also a plus, with several train stations within a 3-6km radius offering connections to broader London. The property itself is a three-bedroom house with a garden, providing space for a family. However, the property’s condition requires attention. The interior photos reveal dated decor and fixtures, particularly in the kitchen and bathroom. While the structure appears sound, modernisation work would likely be needed to bring the property up to contemporary standards. The garden, while present, appears relatively small. The list price of £550,000 falls within the range of similar properties in the area, but the need for refurbishment may allow for negotiation. Overall, this property is suitable for buyers willing to undertake some renovation work and prioritize location and proximity to schools over a move-in-ready property. Potential buyers should carefully weigh the cost of renovations against the property’s current condition and location advantages.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
987.05

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
611,244.00 £
Decreased by 15.06 %
from 719,645.00 £
Est sale value
537,942.25 £
Decreased by 7.78 %
from 583,346.55 £
Average area rental value
2,619.00 £/mo
Increased by 31.34 %
from 1,994.00 £/mo
Est letting value
1,974.10 £/mo
Increased by 100.00 %
from 987.05 £/mo
Est rental Yield
5.14 %
Increased by 54.82 %
from 3.32 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Castles Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Underhill SchoolCommunity SchoolRequires improvement0.35 KM
Underhill Infants School And Children'S CentreChildren's Centre0.55 KM
Barnet And Southgate CollegeFurther EducationRequires improvement0.75 KM
Susi Earnshaw Theatre SchoolOther Independent School0.83 KM
The Totteridge AcademyAcademy Sponsor LedGood0.84 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Oyster Close £ 725,00000.00 KM
Hermes Close £ 000.00 KM
Finch Close £ 000.00 KM
Underhill £ 325,00000.00 KM
Lion Yard £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
New Barnet6018NBA3.26 KM
Hadley Wood6075HDW3.82 KM
Oakleigh Park6020OKL4.11 KM
Potters Bar6022PBR5.77 KM
Mill Hill Broadway1527MIL6.36 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mays Lane, Barnet, EN5 £ 550,000BUY6 / 100.00 KM
Fitzjohn Avenue, Barnet, Hertfordshire, EN5 £ 800,000BUY6 / 100.10 KM
Fitzjohn Avenue, Barnet, EN5 £ 1,000,000BUY7 / 100.11 KM
Sphinx Way, Barnet, EN5 £ 650,000BUY8 / 100.14 KM
Hardy Close, Barnet, EN5 £ 500,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
74 Mays Lane £ 300,0000.01 KM
62 Mays Lane £ 550,0000.01 KM
70 Mays Lane £ 215,0000.01 KM
82a Mays Lane £ 118,0000.01 KM
56 Mays Lane £ 390,0000.01 KM