1-bedroom flat · N14 4FU
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**luxury apartment**Homelink are delighted to offer for sale this stunning new build 1 bedroom ground floor apartment situated off Chase Road in a quiet residential newly formed turning.
The development is under 2 years old and consists of just 3 flats and 4 houses set behind gates and has been finished to an exemplary standard with warm and earthy tones throughout.
A décor that represents a boutique hotel aesthetic.
The property consists of: Modern fitted two-tone kitchen, stone worktops with handle less cabinetry and Bosch integrated appliances including dishwasher.
Wonderful double bedroom with fitted wardrobe, modern three piece bathroom suite with large tiles and towel rail, storage area housing washer/dryer and open plan lounge/diner space leading to a private garden with small patio and canopy.
There is engineered hardwood flooring throughout, energy-efficient double glazing, underfloor heating and an air source heat pump will keep your energy costs to a minimum.
Externally, residents have access to a secure bike store There is a selection of local shops, bars and restaurants within a 8 minute walk in Southgate.
Nearby are the green open spaces of a number of popular spots including; Oakwood Park, Trent Park and Grovelands Park.
Two Piccadilly tube stations are close by: Southgate tube is within 0.5 miles and Oakwood is within 0.8 miles, with a direct link into Kings Cross and the West End as well as Heathrow.
The owners love the peace and tranquility and enjoy listening to birdsong and watching the sunsets.
Tenure: Share of Freehold Lease: 998 years remaining Service Charge: Self-Managed Block Ground Rent: Zero Enfield C/Tax Band: D Melrose Mews: A widely recognised residential project, shortlisted for the London Construction Awards and Inside Housing Development Awards, as well as being featured by the Brick Association.
Value & comps
No previous sales on record.
Returns
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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 1, Melrose Mews, Southgate
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