We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EN4 9QJ
Listing removedReduced £20.1k (−6.7%) on 20 JunListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious & well proportioned 1 double bedroom purpose built ground floor flat in A purpose built block, in need of some updating. Front facing, with communal gardens & garage to the rear.
Conveniently Located for New Barnet br Station & Local Facilities, with Cockfosters also within close proximity.
The Property Comprises of a 25’ft Open Plan Living/Dining/Fitted Kitchen, Oak Effect Flooring, a Double Bedroom with Fitted Wardrobes, Alongside a Bathroom with a Walk in Shower.
Also benefitting from Double Glazed Windows Throughout, an Entryphone System, Gas Central Heating, Communal Gardens and a Garage En Bloc. 988 Year Lease with Reasonable Outgoings.
Offered Chain Free & within the catchment of excellent local schools. Viewing is highly recommended.
Hallway: L-Shaped Hall From Front Door Giving Access to the Living Room, Bedroom & Bathroom with Oak Effect Flooring, Radiator and Entryphone Open Plan Living Room/Fitted Kitchen: (7.67m' x 3.35m' (25'2' x 11'72')) Double Glazed Window To Front With Radiator to Front, Oak Effect Flooring, Radiators Reception Area: A different aspect showing the reception area.
Bright and Spacious.
Fitted Kitchen/Diner: Double Glazed Window to Side, Oak Effect Flooring, Fitted Kitchen with Wall & Base Units, Plumbed for Washing Machine, Tumble Dryer & Space for Electric Oven.
Extractor Fan Double Bedroom: Pic. 1 (4.29m' x 3.00m' (14'01' x 9'10' )) Double Glazed Window to Front with Radiator Beneath. Carpeted. Double Bedroom: Pic.
2 Bathroom: (2.13m' x 1.88m (7'16' x 6'02)) Part Tiled Walls, Vinyl Flooring, Walk In Shower Cubicle, Low Flush W/C, Wash Hand Basin, Heated Towel Rail.
Communal Gardens To Rear: Mainly Laid to Lawn with Easy Access from the Side. Garage En Bloc:
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 Flat 5, 73 - 75, Kenley Close, Park Road, New Barnet
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