1-bedroom flat · N3 2EB
For saleReduced £15k (−6.3%) on 5 SepListed 570 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom ground floor converted flat located directly opposite Victoria Park and within short walk of shops & buses. West Finchley underground station is within half a mile.
Benefits from direct access to large communal rear garden and own off street car parking space.
The building and common parts have recently undergone extensive overhaul, including damp proof course and new double glazed rear window / door for the subject flat.
* one bedroom * shower room / WC * 21' (6.5M) open plan ktchen / reception room * direct access to large communal rear garden * off street car parking space * directly opposite victoria park accommodation comprises: Shared entrance.
Own front door to: Entrance hall Built in cupboard. Bedroom 13' x 10'6 (3.95m x 3.21m). Angle bay window to front. Laminate flooring.
Shower room / WC 8’11 x 4’10 (2.72m x 1.48m) Shower enclosure (tiling not complete). Wash basin. Low level wc. Reception room / kitchen 21'4 x 11'1 (6.50m x 3.37m). Kitchen area Fitted units.
Worktops with sink. Oven, hob, hood. Wall mounted boiler (not tested). Reception area Double glazed window and door to garden.
Exterior\t communal rear garden Approximately 75' x 37’ (22.86m x 11.27m). Mainly lawned. Side access. Off street car parking space to front Left hand side.
Lease 99 years from March 1984, ie 58 years remaining. \t\t\t ground rent GBP100pa rising to GBP200. Service charge 20% contribution. Buildings insurance circa GBP330 pa. Council tax Barnet, band C.
EPC Band D.
The agent has not tested any apparatus, equipment, fixtures, fittings or services, and so cannot verify they are in working order, or fit for their purpose, nor has the agent checked the legal documentation to verify the tenure of the property.
The buyer is advised to obtain verification from their solicitor or surveyor. Photographs are for illustration only and may depict items which are not for sale or included in the sale of the property.
All measurements quoted are approximate and their accuracy should not be relied upon.
A prospective purchaser must check the availability of any property and make an appointment to view before embarking on any journey.
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
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FAQ
About Flat 1 55, Etchingham Park Road, London
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