We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · HA8 0BE
Listing removedListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious new three bedroom Shared Ownership apartment at Icon is available with Shared Ownership from £137,500 for a 25%. Ready to move into!
A modern three bedroom Shared Ownership apartment offering breath taking views across London. Only a short walk away Burnt Oak station on the Northern Line.
This three bedroom Shared Ownership home in the Icon development is the very best in luxe urban living, with high-end but understated contemporary design.
The open-plan living space is perfect for relaxing or entertaining friends, featuring soft tones, high-quality flooring, spotlights and built-in media and data points.
The contemporary kitchen features soft-close doors and drawers, stone/concrete effect worktops and brushed-steel-finish integrated appliances that include fan oven, extractor fan, hob, fridge-freezer and dishwasher.
The bedrooms feature a neutral wool-mix carpet and soft downlighting. A contemporary bathroom suite completes the layout.
In the Borough of Barnet, north London, Burnt Oak is an up and coming neighbourhood that has great transport links into central London but is also close to acres of open green space.
It’s the best of both worlds, especially if you’re all about wfh or the new era of hybrid working.
Burnt Oak stands out from other suburban areas for its interesting mix of cuisines and independent restaurants, making it something of a foodie destination.
Pricing & affordability Full Market Value: £550,000 25% Share Price: £137,500 Rent: £945 pcm Minimum 5% Mortgage Deposit (25% share): £6,875 Approximate Service Charges: £281 pcm* Shared Ownership Lease: 125 years* Council Tax Band: D Features: • Open-plan living • Contemporary fully fitted kitchen with integrated appliances • A spacious balcony with far reaching London views • 5 minutes’ walk to Burnt Oak station on the Northern Line • Sainsbury's and Jetts gym are just moments from your doorstep • Ensuite in main bedroom To be eligible for shared ownership you would need to meet the following criteria: • Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value. • You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** Length of Lease speak to sales consultant for further clarification ***These photos are for information purposes only and may not represent a true likeness Floorplans are not to scale and are indicative only.
Location of windows, doors, bathroom fittings, kitchen units and appliances may differ. Dimensions given are approximate and should not be used to order carpets or furniture.
External area sizes and locations may differ from those illustrated. Sovereign Network Group is charitable.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 A11.06 Flat 72- three bed SO, Burnt Oak Broadway, Edgware
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