1-bedroom flat · N21 2RW
For saleListed 604 days
Opportunity summary
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About
Spacious ground floor retirement flat Good sized double bedroom Modern fully fitted kitchen Lounge/diner leading to private patio 24 hour call emergency appello system/warden controlled weekdays Private resident parking/landscaped communal garden Lift/wheelchair accessible Great location moments from local shops/cafes/restaurants Good bus links to Enfield town/wood green Built in 2003 Pegasus Court is a warden controlled development of 26 flats with gated secure parking exclusively for over 60s.
The development is ideally located for local shops, restaurants and cafes, moments from Waitrose and the local Post Office.
Green Lanes offers easy access to Enfield Town as well as Palmers Green and Wood Green with good bus links.
Located on the ground floor this spacious one bedroom flat is in excellent condition and has a modern kitchen and good sized lounge which opens out to private patio.
There is a 24 hour call system and warden controlled during the weekdays between 9am and 5pm. And the whole site is accessible by wheelchair.
The development has beautiful landscaped communal gardens and conservatory. The development also offers guest lounge with kitchen as well as laundry and hobby room with lift access to other floors.
There are regular social activities such as coffee mornings and flower arranging organised by the manager and residents and on site visiting services.
Pegasus Court is located a short walk to Winchmore Hill Green with its many cafes and restaurants and British Rail for Moorgate and Hertford.
Leasehold : Approx 106 years Service charge: £4285.56 per annum Ground rent: £359.00 per annum. Entrance: Via hardwood door. Appello system. CCTV linked to TV. Hallway: Laminate flooring.
Storage cupboard. Cornicing. Electric radiator. Doors to all rooms. Reception: Laminate flooring. Fireplace with electric fire. UPVC double glazed door to front aspect leading to small patio area.
Cornicing. Electric radiator. Kitchen: Ceramic flooring. Fitted wall and base units with integrated Neff oven. Integrated microwave. Integrated electric ceramic hob. Integrated extractor fan.
Partly tiled. UPVC double glazed window to front aspect. Bedroom: Laminate flooring. UPVC double glazed window to front aspect. Built-in wardrobe. Electric radiator. Cornicing.
Bathroom: Ceramic flooring. Shower cubicle with thermostatic shower. Tiled walls. Basin with storage vanity unit. Close coupled W/C. Electric towel rail.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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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.
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About Pegasus Court , Greens Lanes , Winchmore Hill
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