1-bedroom house · N3 1HX
For saleReduced £25k (−9.1%) on 23 SepListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Beautifully Presented Ground Floor Apartment in the Heart of Finchley Central Situated within the highly regarded Magnolia Court, this spacious ground floor apartment offers an exceptional opportunity to acquire a home in one of Finchley's most sought-after residential locations.
Benefiting from Share of Freehold and a long lease, the property combines generous living accommodation with the convenience of step-free access, making it an ideal purchase for professionals, first-time buyers, downsizers, young families and those seeking comfortable ground floor living.
The apartment enjoys bright and well-proportioned interiors throughout, together with an allocated parking space and attractive communal surroundings.
The annual service charge is approximately £2,300, with a peppercorn ground rent.
Perfectly positioned just a short walk from Finchley Central Underground Station (Northern Line), the property provides fast and convenient access into Central London.
A fantastic selection of cafés, restaurants, supermarkets including Waitrose, Tesco and Sainsbury's, independent shops and leisure facilities are all within easy walking distance.
Families are exceptionally well served by a number of highly regarded schools, including St Mary's Church of England Primary School, Moss Hall Junior School, Our Lady of Lourdes rc School and the renowned **St Michael's Catholic Grammar School**.
The area is also home to several churches, synagogues and beautiful green spaces, including Victoria Park and Dollis Valley Greenwalk, creating a wonderful balance of community, convenience and outdoor living.
Combining an enviable location, excellent transport links and outstanding local amenities, this impressive apartment presents an ideal home and a superb long-term investment opportunity.
Services Please note that it is not our company policy to test services, heating systems and domestic appliances, therefore we cannot verify that they are in working order.
The buyer is advised to obtain verification from their solicitor or surveyor.
General Neither these particulars nor oral representations form part of any offer or contract and their accuracy cannot be guaranteed.
Maintenance The agent understands that the property is subject to a service charge and/or maintenance charge but has not yet been able to verify the terms and conditions.
All interested parties should obtain verification and confirmation of any charges through their solicitor or surveyor. Council Tax Council tax: London Borough of Barnet: Tax Band: C.
£1,895.64 per annum. Service Charge Annual service charges are £2,330.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 1 Magnolia Court, 248 Nether Street, London
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