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See how verdicts work1-bedroom flat · N11 1NN
No longer listedReduced £20k (−6.3%) on 8 SepListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In brief The private roof terrace of this one bedroom apartment is almost as large as the flat itself.
Located close to Arnos Grove station, the property is also conveniently close to Arnos Park the many shops and amenities in New Southgate.
Property description Located on the first floor of a mid-rise block in a popular residential development, this one bedroom apartment has a logical internal layout and a large private roof terrace.
The terrace is the standout feature of this property.
Measuring over 17ft by 16ft it’s large enough for a table and chairs as well as other outdoor furniture and is easily accessed via a small external stair down from the living room.
With an open aspect on three sides (with metal railings for safety) and paving, it’s suited to year-round use.
The front door of the apartment, accessed by stairs from the communal lobby, opens into a central hallway with a full height built-in cupboard and doors to the living room, kitchen, bedroom, and bathroom.
The living room is a good size – measuring 16’1” by 9’10” it has ample space for a couple of sofas and a dining table.
With windows on two sides and a glazed door to the roof terrace stairs it has great natural light.
The adjacent galley kitchen has handleless glossy white wall and floor cabinets with integrated appliances, plenty of worktop space, and a sink with a window above.
Across the hallway, the main bedroom is a lovely room.
Flooded with natural light from a large west-facing window it extends to over 16ft long and easily accommodates a kingsize bed and bedroom furniture.
The bathroom is fully tiled, has natural light and ventilation from a high-level window, and is fitted with a shower and washbasin/WC console.
The apartment is in excellent condition and the décor throughout is fresh and simple, with white and light grey paintwork, wood laminate flooring, and modern school-style radiators.
The property has gas central heating and is double glazed.
Local life The property is just half a mile (a ten-minute walk) from the wide selection of shops (including Starbucks, Morrisons, and Aldi) at New Southgate. Transport links are excellent.
Arnos Grove tube station on the Piccadilly Line is just 300 metres from the apartment (a five-minute walk), and it’s only 6-7 minutes on foot to New Southgate train station which has Great Northern and Thameslink trains to Moorgate, Old Street, and King’s Cross.
The property is a short stroll (1/3 mile) from 44-acre Arnos Park which, in addition to open green space, has meadows and woodland, Pymmes Brook stream and trail, a playground and several sports courts.
Money laundering regulations Should a purchaser(s) have an offer accepted on a property marketed by Thomas James Estate Agents, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £25+VAT (£30) per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances
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
Agent & docs
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FAQ
About 428a, Bowes Road, London
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