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See how verdicts workStudio flat · N14 6HB
Sold STCListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Addison Townsend are delighted to offer this unique ground floor studio within this warehouse conversion.
The apartment has been recently renovated and is very bright and spacious thanks to the French doors and unique double height ceilings.
The flat offers a spacious living room/bedroom with private terrace, a separate well appointed kitchen large enough to accommodate a table and 2 chairs, and a contemporary three-piece bathroom suite.
Offered with a long lease, this property represents an ideal first-time purchase or investment opportunity.
The property is ideally located in a quiet cul-de-sac location within 0.1 miles (3 minute walk) of Southgate Underground Station and its wealth of amenities including supermarkets, gyms and restaurants.
The property is also within excellent primary and secondary school catchments and easy walking distance of local parks.
Further benefits include gas central heating, double glazing and video entry system. The property is offered chain free.
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 Park Road, Southgate, London, N14
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