2-bedroom flat · N13 4RH
For saleListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom garden flat offered with no onward chain, occupying the entire ground floor of an Edwardian semi-detached house situated within the sought-after Lakes Conservation Area.
The property is conveniently located close to Palmers Green station, providing direct services to Moorgate.
Broomfield Park is also within easy reach, together with the excellent selection of cafés and restaurants along nearby Aldermans Hill and Green Lanes.
The accommodation features a spacious front reception room, a centrally positioned kitchen with one of two access points to the rear garden, a bathroom, and two bedrooms, one of which is situated at the rear of the property overlooking the garden.
Outside, the property benefits from a private rear garden and off-street parking.
Whilst the property would now benefit from some cosmetic updating, it offers an excellent opportunity for a purchaser to modernise and personalise the accommodation to suit their own taste and requirements.
Location: Grovelands Road is a sought-after residential street in the heart of Palmers Green, moments from the cafés, restaurants and independent shops of Green Lanes.
Popular local favourites include Starfish & Coffee, Stage House and The Olive Cafe & Bakery.
The area is well served by open green spaces, with Broomfield Park and the nearby Grovelands Park offering lakes, tennis courts and pleasant walking routes.
Excellent transport links include Palmers Green Station, providing direct Great Northern services to Moorgate via Finsbury Park, while Arnos Grove Underground Station (Piccadilly line) is also within easy reach.
The street additionally benefits from being within a Low Traffic Neighbourhood (ltn), helping to reduce through traffic and create a quieter, more pedestrian-friendly environment.
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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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
FAQ
About Ground Floor Flat, 24, Grovelands Road, London
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