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See how verdicts work2-bedroom flat · N13 5AJ
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a quiet cul-de-sac between Palmers Green and Winchmore Hill, this extended two-bedroom, two-bathroom garden flat is offered chain free and with the full benefit of a newly extended lease.
The highlight is the rear extension, which has created a superb open-plan kitchen and living space with underfloor heating.
A Velux skylight draws in natural light, while bi-fold doors open straight onto the private garden.
The kitchen has a matching range of wall and base units, an electric oven and hob, and an integrated dishwasher, with an electric feature fireplace adding warmth to the living area.
The principal bedroom sits to the front with a bay window and is served by the main bathroom, which has a bath with shower over.
The second bedroom also benefits from underfloor heating and has its own en-suite with walk-in shower, ideal for sharers or guests.
A plumbed utility cupboard in the entrance lobby keeps laundry out of the living space.
Outside, the private rear garden has a patio, lawn, outside tap, external power point and an original brick-built store, and backs onto allotments for an open, green outlook.
Green Lanes is close by, with independent cafés, restaurants and everyday shops, while the Sainsbury's superstore at Green Lanes, Winchmore Hill, covers the weekly shop.
Families will appreciate the proximity of Highfield Primary School on Highfield Road, which takes children from nursery through to Year 6.
The seller has agreed terms with the freeholder to extend the lease by 90 years at a peppercorn ground rent, completing at the same time as the sale, so the buyer benefits from day one.
Whether you're a first-time buyer or an investor, early viewing is strongly advised.
Tenure: Leasehold Term Remaining: 174 years (on completion) Ground Rent: Peppercorn Service Charge: £499.52 a year Local Authority: Enfield Council Tax Band: B Entrance Lobby UPvC door to side aspect, radiator, built in plumbed utility cupboard, meter cupboard, doors to: Bathroom Double glazed opaque window to side aspect, low flush w/c, hand basin with mixer tap and storage under, heated towel rail, bath with mixer tap and shower over.
Bedroom 1 Double glazed bay window to front aspect, radiator, wall light, ample power points.
Extended Open Plan Living Room & Kitchen Bi fold doors onto private garden, remote operated Velux skylight, matching range of wall and base units with work surfaces over, electric hob, electric oven, 1 1/2 sink and drainer with mixer tap, integrated dishwasher, boiler cupboard, spotlights, electric feature fire place, underfloor heating, radiator, door to: Bedroom 2 Double glazed window to rear aspect, spotlights, underfloor heating, door to: En-Suite Double glazed opaque window to side aspect, low flush w/c l, hand basin with mixer tap and storage under, walk in shower cubicle, heated towel rail, spotlights, extractor fan.
Private Garden Patio area, lawned area, external power point, outside tap, original brick-built storage shed.
Disclaimer Viewings: In consideration of the current owner/occupants, please note: A.Pets are not allowed to attend viewings.
B.Additional photos and/or filming of the property internally and externally is not permitted. C.Loft access is not generally permitted unless express permission is requested.
Anti-Money Laundering Regulations: Intending purchaser(s) will be charged up to £20+VAT each to digitally produce and verify identification and financial documentation at offer stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
We are unable to proceed and/or remove a property from the market without this.
Availability: Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
Consumer Protection from Unfair Trading Regulations 2008: The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller.
The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
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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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 133, Farndale Avenue, London
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