2-bedroom flat · EN6 5EX
For saleListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented ground floor apartment offers two generous double bedrooms and a bright open-plan kitchen/reception room, creating a practical and sociable living space.
The bathroom is fitted with a modern shower suite. Residents are welcomed by an impressive entrance foyer, providing a striking first impression on arrival at Senate House.
The property further benefits from a share of the freehold and a secure, gated allocated parking space.
Tenure: Share of Freehold Lease: 114 years remaining (with the benefit of extending the lease on payment of administrative costs only) Service Charge: £979 per annum Ground Rent: £125 per annum EPC Rating: C Council Tax Band: D Senate House occupies a convenient corner position on Southgate Road and Highview Gardens, ideally located for local High Street amenities and Oakmere Park.
Darkes Lane offers a wider range of shopping facilities, and Potters Bar mainline station provides fast and frequent services into London Kings Cross and Moorgate.
Excellent road links are also close by, with the M25 and A1(M) easily accessible.
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 1, Senate House, Southgate Road, Potters Bar
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