1-bedroom flat · EN5 5UR
Sold STCListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Lotus Carlton are delighted to market this amazing opportunity to acquire 9 Self contained studio apartments in the heart of Barnet fully occupied at £138,000 per annum.
A block of 9 studio flats, forming part of a large building. The studio flats are in need of some slight modernisation. Conveniently located for the amenities and transport links of Barnet.
Investment let at £138,600 per annum. All units are occupied. Barnet is a very popular suburban market town located between Borehamwood and Enfield about 10 miles north west of central London.
Located on Barnet High Street, opposite the turning for Moxon Street. The property is conveniently situated for the shops restaurants and cafes of Barnet.
The recreational amenities of King George's Fields, Old Court House Recreation Ground and Monken Hadley Common are closeby. Barnet Hospital is also easily accessible.
Good road links provide easy access to the M25, A1, A1(M) and M1. Tenure: Leasehold (986 years)
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 59a High Street, Barnet
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