3-bedroom flat · N11 1PP
For saleReduced £5k (−1.4%) on 29 AugListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**great first time buy/investment** Homelink are pleased to offer for sale this split level three bedroom flat located within a sort walk to both Arnos Grove Underground (Piccadilly line zone 4) and New Southgate Mainline Station (direct to Moorgate).
On entering the property on the first floor, the hallway leads to a spacious living and dining area which then opens onto a well fitted kitchen with space white goods including a dryer.
Also on the same level is a guest WC. On the upper floor you have three good size bedrooms and a walk-in shower room.
Other benefits include gas central heating, double glazing and free street parking.
This property is perfectly located for those wanting to be close to great transport and road links as the A406 North Circular Road is close by. This is an opportunity to get on the property ladder.
Tenure: Leasehold Lease: 174 years remaining Service Charge: £1820.58 p.a. (2026/27) Ground Rent: £10 p.a. Enfield C/Tax Band: C
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
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FAQ
About 119, High Road, New Southgate
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