2-bedroom flat · N13 4RH
For saleListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the highly sought-after Grovelands Road within the prestigious Lakes Estate, this charming two-bedroom ground floor garden flat offers spacious and versatile accommodation, complemented by a delightful mature rear garden and off-street parking.
The property features an impressive 19ft bay-fronted reception room, which could also be utilised as a generous principal bedroom if desired, alongside a spacious 16ft rear reception room.
A further reception room provides an ideal dining or family space and leads through to the fitted kitchen, while a modern shower room is positioned to the rear of the property.
Outside, the beautifully maintained rear garden is a real highlight, boasting a raised patio terrace and a well-kept lawn surrounded by mature planting, creating the perfect setting for relaxing, alfresco dining or entertaining family and friends.
Further benefits include a private driveway to the front providing off-street parking, convenient side access and a substantial cellar offering excellent storage space.
Ideally positioned just a short distance from Palmers Green's vibrant High Street, with its excellent selection of shops, cafés and restaurants, the property is also within easy reach of Palmers Green mainline station, providing direct links into Central London, and the picturesque Broomfield Park, making this an ideal home for commuters, professionals and downsizers alike.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About 56b, Grovelands Road, London
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