2-bedroom flat · N14 7BW
For saleListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location! Location! A bright and spacious two bedroom, two bathroom apartment, situated on the second floor of a private purpose-built development dating from the early 1990s.
The property which is located in the highly sought after Lakes Estate Conservation area requires updating throughout.
Conway Road is a quiet residential turning located between Fox Lane and Ulleswater Road within a short walk to Palmers Green mainline station into Moorgate.
Southgate underground station (Piccadilly) and high road is a short bus ride away.
Aldermans Hill and Green Lanes offer a wide range of shops, restaurants and cafes on your doorstep with Southgate Greens amenities including the Ye Old Cherry Tree pub also within easy reach.
Green spaces are well catered for including both Broomfield and Grovelands parks.
Secure communal entrance • Lift to all floors • Good size hallway • Spacious reception room with fireplace and dual aspect windows • Double bedroom with en-suite bathroom • Second double bedroom • Fitted kitchen with appliances • Family bathroom • Electric heating • Double glazing • Allocated parking space.
Share of freehold with an underlying lease of 975 years Service Charge - £200 p.m. Ground rent- n/a Enfield Council Tax Band E
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
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FAQ
About 6 Ellena Court, 25 Conway Road, Southgate
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