Property for sale

North Gate Park, London N15

Description

Marram and Foxtail House - 1 Bed - From £395,000
Marram and Foxtail House - 2 Bed - From £545,000
The Grove Collection - 3 Bed Townhouse - Freehold - Under £1,00,000 - Last Unit left
- 4 Bed Townhouse - Sold Out

Apartments are held on a 990-year lease from Summer 2025 with a peppercorn ground rent, and the Grove Collection townhouses are offered freehold. All homes come with a 10-year NHBC warranty, including 2 years of support from Hill. Further phases are planned across the wider masterplan, giving investors a long-term pipeline within a single, established location.

A Zone 3 Regeneration Opportunity, Eight Minutes from King's Cross:

North Gate Park sits at the heart of Haringey's ongoing regeneration. Seven of the site's historic hospital buildings are being preserved and turned into on-site workspaces, a café, retail and a nursery. At the centre of the scheme is Mulberry Gardens, which is being reimagined in partnership with the Royal Botanic Gardens, Kew. Haringey is also set to become the London Borough of Culture in 2027.

Investors can buy multiple units in a single transaction. This gives them discounted entry pricing, a well-established rental market, and a portfolio spread across both apartments and family houses within one professionally managed development.

The Numbers Behind the Opportunity:

- Rental growth of 24% in Haringey over two years (May 2022 to May 2024). This outperforms North London (16%), Greater London (15%) and Central London (10%).
- New-build rental growth of 58% in North London over the ten years to 2024, the highest of any London sub-market.
- New-build sale prices in North London rose 57% between 2014 and 2024, ahead of Greater London (48%) and Central London (32%).
- Forecast rental growth of 20.7% and sales price growth of 16.1% across London to 2028, based on the average of jll, Knight Frank and Savills forecasts.
- Local gross yields of 5.1% on one-bed apartments, 4.9% on two-beds, 4.7% on three-bed houses and 3.9% on four-bed houses. - Average apartment yields in N15 rose from 3.7% in 2021 to 4.6% in 2024.
45% of local households rent privately, compared with 30% across London. Average tenancy length is 4.4 years.

Estimated Rents (Foxtons, July 2026):

1-bed apartments - £1,850 to £2,100 pcm
2-bed apartments - £2,400 to £2,600 pcm
3-bed townhouses - £3,000 to £3,200 pcm
4-bed townhouses - £3,450 to £3,650 pcm

Bulk Purchase Terms:

Investors buying multiple units in a single transaction can benefit from a 5-6% discount off headline asking prices. The discount reflects the savings the vendor makes on legal, sales and administrative processing when several units are sold together.

Why Scale Matters Here:

- Diversification across unit types. The mix of 1-bed and 2-bed apartments and 3-bed and 4-bed freehold townhouses lets investors serve both the young-professional and family rental markets in one location.
- Lower entry cost. The bulk discount gives day-one equity ahead of the forecast 16.1% price growth to 2028. Local 2-bed prices are also up to 35% below those around King's Cross.
- Immediate income. All Phase 1 homes are complete and can be let straight away, with no phased-completion risk.
- High-earning tenants. Local upper-quartile renters earn an average of £63,682. 51% are aged 25-34,44% work in management or professional roles, and 30% work in the City of London.
- Freehold houses in the mix. The Grove Collection townhouses are freehold, with a modest estate charge of £518-£525 per year. They offer longer-term capital value and access to the family rental market.
- Connectivity that supports long-term value. Seven Sisters station (Victoria Line) reaches King's Cross in 8 minutes and Oxford Circus in 12 minutes. More than 2.7 million jobs are within a 30-minute commute.
- Future pipeline. Buying early in North Gate Park gives investors a foothold ahead of later phases, which will add a planned supermarket, fitness, nursery, dentist and tuition uses (subject to development delivery).

Life at North Gate Park:

- 4.5 acres of open green space, including Mulberry Gardens. Chestnuts Park, with its café, playground and orchard, is a two-minute walk away.
- An on-site concierge in Harston House, planned to operate seven days a week, plus co-working spaces.
- A secure fob-entry system, CCTV, and 167 cycle spaces, mostly in access-controlled stores.
- A two-year free car club membership for every home.
- 11 'Good' or 'Outstanding' primary schools within a 15-minute walk, and 8 of London's top 10 universities within a 30-minute commute.
- The Green Lanes food scene, Finsbury Park, Alexandra Palace and Walthamstow Wetlands are all close by.

Tenure: Leasehold (990 years) for apartments; Freehold for townhouses
Service Charge ≈ £4.65 per sq ft (apartments)
Estate Charge: £518-£525 per year (townhouses)
Council Tax: Bands tbc (Haringey)

Tenure: Leasehold (990 years)
Service Charge ≈ £4.5 per sq ft