Carmelite Place

Carmelite Place: Redone Houses in East Finchley

Carmelite Place - 63 East End Road, London N2 0SE Carmelite Place is a residential development in Zone 4, East Finchley. Built by Jaspar Group, it has 82 apartments on six floors and is a good spot to live in North London. The first wave of homes has sold out, but resales are available if you want to try to land a home on the secondary market.

The project combines new buildings with homes that have been renovated, including a fancy old Victorian house and more modern places. It preserves some of the old details — windows and fancy porches among them — while being modern. It is in a leafy location close to Hampstead Gardens, Muswell Hill, and Highgate.

Home Details and What's Included

Good features come with the homes in Carmelite Place. They include A-rated heaters, underfloor heating on some ground floors, wood floors, and closets in the main bedrooms. The kitchens appear modern or classic, and include quartz counters, appliances, wine coolers, and cabinets that close softly.

Bathrooms have white fixtures and good faucets, showers with specialty heads, marble-style tiles on the floor and walls, and heated towel racks. For security, there are gated entries, video entry, and alarms in each location. The new roofs have solar panels and a 10-year warranty. Residents get pretty front yards, quiet backyards with patios for entertaining, parking, and charging stations for electric vehicles.

Location, Travel, and Market Info

Carmelite Place is near Finchley Central Station, about a mile away, so you can hop on the Northern Line and get into Central London. The area has a village-like feel but good stuff around, like top-rated schools, fun things to do, tennis, and parks such as Hampstead Heath and Highgate Woods. Roads lead to Central London and the countryside.

London market data indicates rental returns of some 2.5% to 4.5% a year and property values, up 5% to up 10% each square meter. For instance, a £500,000 investment in a home may appreciate in value over five years. This aids buyers in determining whether or not buying here is smart. The builder no longer has any more homes for sale, but resales and prices depend on market conditions.