2-bedroom flat · N14 6HB
For saleReduced £15k (−4.8%) on 4 AugListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Havilands are pleased to offer For Sale on a chain free basis, this two bedroom apartment located on Park Road, N14.
Located on the ground floor, the property offers 507sqft of living space and is comprised of: Two Bedrooms, Family Bathroom and open-plan Lounge/Kitchen.
The property also benefits from a private balcony, one allocated parking space & a remaining lease of 101 years.
An ideal starter property, the apartment forms part of a converted building and is ideally located for commuters with Southgate Underground Station (Piccadilly) within walking distance, providing direct rail links into central London.
Additionally, the A406 is within easy reach also offering road links into London and across the Borough.
For those considering educational options, the property falls within catchment of a number of sought after local schools including St.
Andrew's CofE Primary, West Grove Primary & Osidge Primary Schools as well as Ashmole Academy & Southgate School.
The apartment is also within easy reach of a wide range of shops and amenities in central Southgate including Asda & M&S Food Store and Southgate Leisure Centre.
Additionally, the property is within easy reach of Oakwood, Trent and Grovelands Parks with the latter offering a number of social and leisure activities throughout the year.
To arrange a viewing, please do not hesitate to get in touch.
Leasehold Information: Tenure: Leasehold Lease Length: 125 Years from 01/01/2005 Lease Remaining: 101 Years G/Rent: £230.00/year S/Charge: £1842.00/year Local Authority: Enfield Borough Council Tax: Band C (£1923.57 25/26) EPC Rating: Current 71(C); Potential 78(C)
Value & comps
No previous sales on record.
Returns
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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 Flat 5, 7 Park Road, London
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