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See how verdicts workStudio flat · N14 6HB
Sold STCReduced £20k (−8.2%) on 29 SepListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £1255 per year. Ground rent (For Leasehold tenure): £230.93 per year.
Addison Townsend are delighted to offer this unique Warehouse Studio with Private Balcony & Double-Height Ceilings – Chain Free A rare and modern studio apartment with impressive double-height ceilings and French doors opening onto a private balcony, creating a bright and spacious feel, rarely found in studio living.
Recently fully redecorated, the property offers a well-designed main living/ sleeping area, a separate good-sized kitchen with upgraded fittings, resprayed cabinetry and brand new worktops (unused), along with a contemporary three-piece bathroom suite.
Further benefits include gas central heating, double glazing, video intercom and exceptionally low service charge within the development.
Originally a warehouse conversion, the apartment combines character with modern convenience.
Ideally located in a quiet cul-de-sac just a short three-minute walk from Southgate tube and the high street, providing easy access to local shops, gyms, restaurants and green spaces.
Offered chain free with a long lease, this property represents an ideal first-time purchase or investment opportunity.
Features Quiet cul-de-sac location 3-minute walk to Southgate Tube Chain free Long lease Turn-key ready Property Size (sqft): 373
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
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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 Flat 4, 7 Park Road, London
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