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See how verdicts workStudio flat · EN4 0JU
For saleListed 4 days
Opportunity summary
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About
Description Newly Refurbished Ground-Floor Studio Apartment | Chain-Free | Allocated Parking Key Features: * Newly refurbished to a high standard * Offered chain-free * Purpose-built ground-floor studio apartment * 961 years remaining on the lease * Share of freehold * Allocated residents' parking * Bright and spacious studio flat * Fitted kitchen * Modern three-piece bathroom suite * Double glazing * Conveniently located close to New Barnet Station * Ideal for first-time buyers (no stamp duty) and investors (high rental value of £1,200+per month) Property Description: A beautifully presented, newly refurbished ground-floor studio apartment, finished to a high standard and offered to the market chain-free.
Situated within a well-maintained private residential development just off Glyn Ave of Victoria Road in the heart of New Barnet, this attractive property benefits from allocated residents' parking and an exceptionally long lease of 961 years.
The accommodation comprises a bright and spacious room, a newly installed fitted kitchen with all new appliances and a modern three-piece bathroom suite with Bluetooth mirror and heated towel rail.
Further benefits include double glazing, allocated parking and a share of freehold, making this an appealing opportunity for first-time buyers, buy-to-let investors and commuters alike.
The property enjoys convenient access to a wide range of local amenities, including Sainsbury's and Aldi supermarkets, an Everyman cinema and Barnet Leisure Centre.
The surrounding area offers a pleasant residential setting in a secluded quiet and peaceful environment with nearby green spaces and well-regarded schools further enhancing its appeal.
Excellent transport connections are available from New Barnet Station, providing direct rail services into London.
High Barnet Underground Station on the Northern Line and Cockfosters Underground Station on the Piccadilly Line are also accessible, offering additional routes into central London.
Additional Information * Tenure: Share of freehold (no ground rent for full term of lease) * Lease: 961 years remaining * Service Charge: £1,000 per annum (approx.) * Area:28sq.m.(301sq.ft).
* Ground Rent: Not applicable * Council Tax Band: B
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
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FAQ
About Greenacres,Glyn Avenue,New Barnet, New Barnet
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