1-bedroom flat · EN4 8FJ
For saleReduced £8.8k (−10.8%) on 20 JunListed 403 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership Full Market Value: £325,000 Share Value (25%): £81,250 Monthly Rent: £909.15 Service Charge: £324.85 Council Tax Band: D 125 year lease commenced May 2015 - 115 years remaining EWS1 certification is available for this block - B1/B2 rating- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire.
Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
L&Q welcomes you to view this one bedroom, second floor apartment. Offered for sale is this well presented one bedroom second floor apartment.
Accessed via a well kept communal entrance, there is a large, open-plan kitchen/living/dining space leading directly on to a private balcony to the rear.
The double bedroom benefits from built in mirrored wardrobe, in addition to a contemporary family bathroom. Allocated parking space. This property benefits from a sinking fund.
A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Ottoman Court is conveniently located for easy access to transport links with Cockfosters Tube Station (Piccadilly Line) just 0.5 Miles away & is also just a short walk to Cockfosters High Street with numerous restaurants, bars & cafes available to enjoy at your leisure.
The buyer will require a deposit to obtain a mortgage for this property. To meet the requirements for this property we require as a guideline, a minimum household income of £61,216.
If you are offered the home, your ability to afford this property will be assessed at your financial interview.
Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes.
If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract.
The descriptions and all other information are believed to be correct as of February 2025.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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.
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FAQ
About 13 Ebony Crescent, Barnet
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