2-bedroom flat · N11 1PN
For saleReduced £19.9k (−6.7%) on 11 JulListed 467 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Acting in the sale of the property we have received an offer of £275,000. Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place.
Ground floor two bedroom converted flat in need of updating situated in this extremely convenient location, adjacent to New Southgate Main Line Station and within half a mile of Arnos Grove Tube Station and local shops lounge: - 14'3" (4.34m) x 14'2" (4.32m) Inset spotlights.
Kitchen: - 10'3" (3.12m) x 8'1" (2.46m) Fitted wall and base units, built-in hob and oven, extractor hood, stainless steel sink unit with mixer taps, boiler for central heating, tiled floor, inset spotlights, double glazed door to rear.
Bedroom 1: - 13'2" (4.01m) x 11'0" (3.35m) Inset spotlights. Bedroom 2: - 9'0" (2.74m) x 9'0" (2.74m) Inset spotlights.
Bathroom/WC: White suite with mixer taps, fully tiled walls, heated towel rail, extractor fan. Lease: 99 years from 2007. Ground rent: £50 pa (to be confirmed). Service charge: To be confirmed.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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 2, Woodland House, London
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