1-bedroom flat · N21 1LZ
For saleListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In brief This unusually spacious one bedroom apartment on the second floor of a small well-maintained block in Winchmore Hill is surrounded by communal grounds and has a detached garage.
Its location is excellent, close to Grovelands Park, shops, and stations.
Property description Set well back from Hounsden Road behind a deep verge and lawned communal garden with mature planting, Stangate Lodge is a mid-century three storey block of nine apartments.
This second (top) floor one bedroom apartment is unusually spacious and comes with its own garage behind the block, accessed via a private road.
The block entrance has entryphone access to the shared ground floor lobby, with stairs up to the second floor.
The apartment front door opens into a central hallway with doors to the living room, kitchen, double bedroom, bathroom, and WC, and two large storage cupboards.
At 660 square feet it is the size of many two bedroom apartments and has a great sense of plentiful lateral space. All the rooms are a good size and the separate kitchen is a luxury.
Measuring approximately 16ft by 14ft the living room has ample space for lounge and dining areas, and a wide southwest-facing window has views over the communal gardens to the rear of the block.
White walls and wood laminate flooring provide a neutral backdrop.
The separate 15’10” by 10’6” kitchen, illuminated by a large skylight, is lined with fitted floor cabinets with both integrated and fitted appliances and lots of worktop space.
There’s also a breakfast bar, and a mosaic-tiled splashback that adds practicality and visual interest.
The double bedroom has leafy views, plenty of space for a kingsize bed and bedroom furniture, and is carpeted for comfort. The bathroom and WC are separate rooms.
Both have white tiled walls and white sanitaryware, including a bath with a glass screen and thermostatic shower.
The apartment is in a good condition overall with contemporary décor, fixtures, and fittings including double glazing and gas central heating.
Simple white décor unifies the space and maximises light and provides an ideal blank canvas for the new owner.
The apartment comes with a detached garage accessed on foot through the well-maintained communal gardens to the rear of the block and by car via Church Hill, a small private access road.
Local life The property is in an excellent location very close to Grovelands Park, just a short stroll from The Green with its local shops and amenities, and within easy walking distance of two train stations.
Transport links are good.
The train station at Winchmore Hill and Grange Park, both just over half a mile from the property, are on the same train line and offer regular c.30-minute journeys to Moorgate.
The North Circular Road is less than ten minutes by car and it’s just a 15-minute drive to the M25.
Grovelands Park, 92 acres of top-class public green space with an ornamental lake, sports courts and a café, is a mere couple of minutes’ walk from the apartment.
Money laundering regulations Should a purchaser(s) have an offer accepted on a property marketed by Thomas James Estate Agents, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £25+VAT (£30) per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat Flat 8, Stangate Lodge, 4 Houndsden Road, London
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