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See how verdicts work1-bedroom flat · EN4 8AD
Sold STCReduced £10k (−3.4%) on 1 OctListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented one-bedroom first-floor flat situated within a secure gated development, benefiting from residents' parking and a range of modern upgrades completed in 2025.
Ideally located within walking distance of New Barnet Station, the property offers excellent transport links with direct services to London King's Cross and Moorgate.
The purpose-built flat offers a well-proportioned, front-facing reception room, separate fitted kitchen, comfortable double bedroom with fitted wardrobes and a stylish upgraded bathroom.
The bathroom was upgraded in 2025 and features a rainfall shower, LED mirror with three colour settings, integrated Bluetooth speakers, an automatic condensation-reduction system and electric wall-mounted heater.
Further improvements include PVC double-glazed windows throughout, modern digital storage heaters in both the living room and bedroom, and an electric plinth heater with air-conditioning function in the kitchen.
The flat has also benefited from electrical upgrades, including usb charging sockets throughout, usb-c connectivity in the bedroom and a modern labelled consumer unit.
Offering secure gated living, residents' parking, excellent transport links and a number of recent improvements, the property would make an ideal home for first-time buyers, commuters and professionals seeking a well-maintained property in a convenient New Barnet location.
Property information Tenure: Leasehold Lease Term: 123 years remaining Ground Rent: £100 per annum Service Charge: £188 per month Council Tax Band: C EPC Rating: C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 61, Clarence Close, Barnet
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