183, Plowman Close, London, N18 1XD

Studio · N18 1XD

312 sq ftEPC D1 bath1st Floor · Studio Flat · Separate Sleeping Area

Asking

£199,950

For saleListed 558 days

Chain FreeMotivated SellerArticle 4

Investor metrics

HMO Article 4 Direction AreaBorough wide, London Borough of Enfield city-wide Article 4 (HMO), London Borough of Enfield Article 4 Direction (2012) · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

Living London are delighted to present this Purpose Built Studio Flat situated on the first floor in a pleasant residential estate next to North Middlesex Hospital.

Features include Living Room, separate sleeping area, separate fully fitted kitchen, three piece bathroom, double glazed windows, laminate flooring and residents parking.

The property is offered for sale in good decorative order and is chain free.

The flat can be sold with the tenants in-situ making it an ideal rental Investment with the potential of a 7% yield Property is within walking distance from North Middlesex Hospital with easy access to transport links and excellent road links into London via A10 & A406.

Lease: 151 years Service Charge and Ground Rent: £76 pcm EPC Rating: D Council Tax Band: B

Chain Free

Motivated Seller

Article 4

Key information

Price per Square Foot

£641/sq ft

Based on 312 sq ft (29 sq m)

Floor Area

312 sq ft (29 sq m)

Reception Rooms

Council Tax Band

Band B

Estimated ~£1400/year

EPC Rating

current

Property Age

England and Wales: 1991-1995

Local Authority

Enfield London Boro

London Borough

County

Greater London Authority

Property features

1st Floor
Studio Flat
Separate Sleeping Area
Bathroom
Separate Kitchen
Double Glazed
Laminate Floor
Lease 151 Years
Sc & gr £76pcm

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

Model

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

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 advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market558 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market558

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC ratingD

Listing timeline

First listedListed at £199,95011-04-2025

Still activeDay 558 on marketToday

Strategy fit

No strategy scores available yet.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.