2-bedroom flat · EN6 5AU
Sold STCListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two double bedroom first floor flat is conveniently located on Potters Bar High Street and is within reach of local shops & amenities, Potters Bar Bus Station plus Oakmere Park & Parkfield open space.
The property benefits from double glazing, gas central heating via a combination boiler and a garage en-bloc to the rear. Offered on a chain free basis, internal viewing is highly recommended.
COMMUNAL ENTRANCE Communal entrance with entryphone system, stairs leading to first floor landing, inner lobby with door to property.
HALLWAY Light wood effect flooring, storage cupboard, wall mounted entryphone, doors to all rooms.
LOUNGE 15' 7'' x 12' 8'' (4.75m x 3.86m) approx Two double glazed windows to front, coved ceiling, double radiator, feature fireplace with wooden mantle housing gas fire, wall lights.
KITCHEN 9' 7'' x 7' 11'' (2.92m x 2.41m) approx Double glazed window to rear, paneled ceiling, worktops with a range of matching wall, base & drawer units, 1 1/2 bowl stainless steel sink unit with mixer taps and drainer, tiled walls, space & plumbing for washing machine, space for under counter fridge & freezer, space for gas cooker, light wood effect flooring, wall mounted combination boiler.
BEDROOM 1 13' 10'' x 12' 8'' (4.21m x 3.86m) approx Double glazed window to front, double radiator, fitted wardrobes, dresser and drawers.
BEDROOM 2 13' 0'' x 7' 11'' (3.96m x 2.41m) approx Double glazed window to rear, double radiator.
SHOWER ROOM 7' 8'' x 5' 2'' (2.34m x 1.57m) approx Coved ceiling, double glazed window to rear with privacy glass, floating vanity unit with mixer taps and mirror fronted cabinet above, low level w.c, fully tiled shower with wall mounted thermostatic shower and fixed glass shower screen, tiled flooring, extractor fan, heated towel rail.
EXTERNAL AREAS Brick built storage shed to rear, communal lawn area to front and rear. GARAGE Single garage with up & over door to front.
LEASEHOLD PROPERTIES: Ground Rent: £150 p/a Service Charges: £819.24 Garage rent: £25 Buildings Insurance: Included Lease length: 87 Council Tax Band: C (Hertsmere) Parking arrangements: Garage en bloc Mains Gas: Yes Mains Electric: Yes Mains Water/drainage: Yes Heating Type: Gas central heating Surface Water Flood Risk: Very Low Risk Rivers & The Seas Flood Risk: Very Low Risk (source: Gov.uk) Broadband Availability: Standard & Ultrafast (FTTP is not available) (Source: Ofcom & BT Broadband Availability Checker) Mobile Availability: EE & Vodaphone - Good outdoor & in home.
O2 & Three - Good outdoor (Source: Ofcom) If you wish to ‘opt out’ from receiving any marketing material/property details from Hobdays Estate Agents.
Please telephone us on or email to advise us of your preferences. If you wish to view our privacy statement, please visit our website.
From June 2017, In line with ‘The Money Laundering Regulations 2007‘ we are legally obliged to take formal identification from any person(s) wishing to purchase a property through Hobdays.
We will require one form of photographic identification (passport, photocard driving licence, national identity card, firearms certificate, Northern Ireland identity card issued by the electoral office) together with a recent document identifying your postal address (utility bill, bank statement, mortgage statement, council tax letter).
Alternatively, you can submit your identification to your solicitor for verification but they will need to confirm to us in writing that the identity checks have been carried out & provide us with certified copies.
Viewing strictly by appointment via Hobdays Telephone: Unauthorised uses of the details, pictures or floor plans regarding this property is strictly forbidden & remain the property of Hobdays Estates Limited Whilst all reasonable care has been taken in the preparation of these details, their accuracy is NOT guaranteed.
All measurements are approximate and the descriptions are for general purposes only (A laser measure has been used).
None of the statements contained in these particulars are to be relied upon as statements or representations of fact.
Hobdays has not tested any apparatus, equipment, fixtures, fittings or services relating to this property and therefore cannot verify that they are in working order or fit for the purpose.
Prospective purchasers are strongly advised to satisfy themselves, by inspection or otherwise, as to the correctness of any statement herein and to take appropriate precautions to check anything which may be critical to their interest in the property.
All pictures are taken with the aid of a wide angled lens. Items shown are not necessarily included.
*Tenure of the property has not been checked, therefore this need to be verified by the buyers solicitor.
Room details: - Area: COMMUNAL ENTRANCE; Size: 0ft 0in x 0ft 0in; Description: Communal entrance with entryphone system, stairs leading to first floor landing, inner lobby with door to property.
- Area: HALLWAY; Size: 0ft 0in x 0ft 0in; Description: Light wood effect flooring, storage cupboard, wall mounted entryphone, doors to all rooms.
- Area: LOUNGE; Size: 15' 7'' x 12' 8'' (4.75m x 3.86m); Description: Two double glazed windows to front, coved ceiling, double radiator, feature fireplace with wooden mantle housing gas fire, wall lights.
- Area: KITCHEN; Size: 9' 7'' x 7' 11'' (2.92m x 2.41m); Description: Double glazed window to rear, paneled ceiling, worktops with a range of matching wall, base & drawer units, 1 1/2 bowl stainless steel sink unit with mixer taps and drainer, tiled walls, space & plumbing for washing machine, space for under counter fridge & freezer, space for gas cooker, light wood effect flooring, wall mounted combination boiler.
- Area: BEDROOM 1; Size: 13' 10'' x 12' 8'' (4.21m x 3.86m); Description: Double glazed window to front, double radiator, fitted wardrobes, dresser and drawers.
- Area: BEDROOM 2; Size: 13' 0'' x 7' 11'' (3.96m x 2.41m); Description: Double glazed window to rear, double radiator.
- Area: SHOWER ROOM; Size: 7' 8'' x 5' 2'' (2.34m x 1.57m); Description: Coved ceiling, double glazed window to rear with privacy glass, floating vanity unit with mixer taps and mirror fronted cabinet above, low level w.c, fully tiled shower with wall mounted thermostatic shower and fixed glass shower screen, tiled flooring, extractor fan, heated towel rail.
- Area: EXTERNAL AREAS; Size: 0ft 0in x 0ft 0in; Description: Brick built storage shed to rear, communal lawn area to front and rear.
- Area: GARAGE; Size: 0ft 0in x 0ft 0in; Description: Single garage with up & over door to front.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Parkside, High Street, Potters Bar
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