2-bedroom flat · N13 5LB
Sold STCReduced £10k (−3.1%) on 7 FebListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE Two bedroom converted flat occupying the first floor of this Edwardian property offering a spacious living space, modern kitchen, modern bathroom and off street parking.
Lodge Drive is a popular residential turning off Green Lanes within a few minutes walk of Palmers Greens shops, restaurants, bus routes and mainline station into Moorgate.
There are numerous green spaces/walks within easy reach including The New River, Hazelwood recreation ground and Broomfield Park.
Secure communal entrance with original tessellated tiled floor and entry phone system • Living room with feature fireplace • Modern fitted kitchen • Double bedroom with large bay window • Single second bedroom with bay window • Modern bathroom • Gas central heating • Double glazing • Parking space to front .
106 year lease remaining- Option to purchase a share of the freehold. Service charge/ground rent-N/A Enfield Council Tax Band C
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
FAQ
About Lodge Drive, Palmers Green, N13
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