6 Bed Bungalow, Planning Permission, Barnet, EN5 3HS, £2,750,000

Rowley Lane, Arkley, Hertfordshire, EN5 3HS - 1 views - 8 months ago

Planning
~186 m²
+20 photos

ValuationOvervalued

Sold Prices£1.1M - £6.0M
Sold Prices/m²£3.8K/m² - £16.7K/m²

 

 

Square Metres

~186 m²
Price/m²£14.8K/m²

Value Estimate

£1,194,373

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£687,500

Stamp Duty & Legal Fees

£379,950

Total Cash In

£1,067,450

 

 

Cash Out

 

Rent Range

£1,750 - £7,995

Rent Estimate

£1,963

Running Costs/mo

£9,006

Cashflow/mo

£-7,043

Cashflow/yr

£-84,520

Gross Yield

1%

Local Sold Prices

20 sold prices from £1.1M to £6.0M, average is £1.6M. £3.8K/m² to £16.7K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£1.9M06/230.5 mi2, Arkley View, Barnet, Greater London EN5 3JP6
£1.5M06/210.93 mi27, Grimsdyke Crescent, Barnet, Greater London EN5 4AQ6
£1.5M09/211.02 mi2, Linster Grove, Borehamwood, Hertfordshire WD6 2EY6
£3.8M03/231.19 miLittle Manor, Barnet Lane, Elstree, Borehamwood, Hertfordshire WD6 3QU6
£1.5M08/211.26 mi20, Queens Road, Barnet, Greater London EN5 4DG6
£6.0M06/211.62 mi11, Totteridge Common, London, Greater London N20 8LR6
£4.7M11/221.66 mi11, Grange Avenue, London, Greater London N20 8AA6
£1.2M12/201.75 mi31, Deacons Hill Road, Elstree, Borehamwood, Hertfordshire WD6 3HY6
£1.2M09/221.77 mi16, The Reddings, London, Greater London NW7 4JR6
£1.4M01/211.78 mi44, Deacons Hill Road, Elstree, Borehamwood, Hertfordshire WD6 3LH6
£1.8M02/231.78 mi40, Marsh Lane, London, Greater London NW7 4QH6
£1.1M01/231.79 mi9, The Reddings, London, Greater London NW7 4JN6
£1.7M07/221.81 miRed Roof Cottage, Barnet Lane, Elstree, Borehamwood, Hertfordshire WD6 3QZ6
£1.5M08/211.83 mi4, Reddings Close, London, Greater London NW7 4JL6
£3.7M12/221.89 miFenton House, Hadley Green West, Barnet, Greater London EN5 4PP6
£1.8M01/211.92 mi17, Links Drive, Elstree, Borehamwood, Hertfordshire WD6 3PP6
£1.4M02/211.93 mi39, Lawrence Avenue, London, Greater London NW7 4NL6
£2.0M03/211.95 mi13, Priory Close, London, Greater London N20 8BB6
£2.0M09/211.97 mi3, Orchard Close, Elstree, Borehamwood, Hertfordshire WD6 3PR6
£1.5M01/211.99 mi32, Barham Avenue, Elstree, Borehamwood, Hertfordshire WD6 3PN6

Local Rents

44 rents from £1.8K/mo to £8K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£7,99504/240.09 miSandalwood Close, Arkley, Hertfordshire, EN56
£4,99503/240.43 miArkley Drive, Barnet, Hertfordshire, EN55
£6,75004/240.54 miBarnet Road, Arkley, Hertfordshire, EN55
£4,20004/240.54 miBarnet Road, Arkley, Hertfordshire, EN54
£5,75004/250.66 mi-5
£1,75010/240.72 mi-3
£6,00004/240.73 miBentley Place, Bentley Heath, Hertfordshire, EN55
£2,05012/240.78 mi-3
£1,92510/240.81 miNorfolk Gardens, Borehamwood, Hertfordshire, WD63
£2,20003/240.84 miAitken Road, Barnet, EN5 3AD3
£2,65004/240.86 miENDERSBY ROAD, Barnet, EN53
£2,20004/240.9 miEndersby Road, Barnet, EN53
£2,20004/240.9 mi-3
£2,50001/250.9 mi-3
£4,00001/250.96 mi-4
£3,00001/250.96 mi-4
£6,85004/250.97 mi-5
£3,00002/250.97 mi-4
£4,60009/240.97 mi-6
£3,95012/240.98 mi-4
£5,00004/250.98 mi-5
£2,20010/240.98 miLangdale Terrace, Manor Way, Borehamwood, Hertfordshire, WD63
£4,80009/241.01 mi-6
£3,00002/251.01 mi-4
£3,00003/251.01 mi-4
£3,25002/251.01 mi-4
£2,95010/241.03 mi-4
£3,00004/251.04 mi-4
£2,49504/251.05 mi-3
£2,40012/241.05 mi-3
£2,99510/241.16 miWoodlands Close, Borehamwood, WD65
£2,30004/241.19 miSouthfield, Barnet, EN53
£2,37503/241.19 miSouthfield, Barnet, EN53
£2,37504/241.19 mi-3
£2,30005/241.2 miDexter Road, Barnet, Herts, EN53
£4,20010/241.21 mi-3
£4,00010/241.21 mi-3
£2,15005/241.21 miBells Hill, Barnet, EN53
£2,67504/241.22 miSouthfield, High Barnet, Barnet, EN53
£2,70010/241.22 miElmwood Avenue, Borehamwood, WD64
£2,60010/241.22 mi-4
£2,35004/251.23 mi-3
£2,00010/241.23 mi-3
£1,85010/241.24 miRutherford Close, Borehamwood, Hertfordshire, WD63

Local Area Statistics

Population in EN5

37,049

Population in Barnet

63,213

Town centre distance

2.61 miles away

Nearest school

0.50 miles away

Nearest train station

1.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Buyer's market

Capital growth (5yrs)

+11%

Property History

Price changed to £2,750,000

November 29, 2024

Listed for £3,000,000

September 3, 2024

Floor Plans

Description

  • Sole Agents +
  • Gated Detached Bungalow +
  • 6 Bedrooms +
  • 3 Reception Rooms +
  • 5 Bathrooms +
  • Approximately 1.32 Acres Of Landscaped Grounds +
  • Serene Ponds +
  • Private Tennis Court +
  • Disused Natural Pool +
  • Sought After Location +

Discover this charming detached bungalow, perfectly nestled within a secluded and tranquil setting. This spacious family residence boasts six generously sized bedrooms, four of which benefit from en-suite bathrooms, in addition to an extra guest bathroom. With a total floor area of approximately 5,077 sq ft, this property offers an ideal blend of comfort and space. The property boasts a large well-appointed kitchen and separate utility room which are complemented by multiple expansive entertaining areas, ensuring ample space for family gatherings and social events.

The bungalow exudes a warm and inviting atmosphere, making it a perfect retreat for both relaxation and entertaining. Situated on gated grounds spanning approximately 1.32 acres, the property provides an unparalleled sense of privacy.

Externally, the property is surrounded by extensive, beautifully landscaped grounds featuring two serene ponds, a disused natural pool, and a private tennis court. The outdoor space is further enhanced by large terrace areas, perfect for outdoor dining and leisure.

Additional features include ample off-street parking, a substantial double garage, and a brick built summerhouse in need of restoration but complete with a fitted kitchen, shower room, and toilet. Several outbuildings provide extra storage space, adding to the property's versatility.

This exceptional bungalow also presents a unique development opportunity, subject to obtaining the necessary planning permissions. Whether you're looking for a serene family home or a potential investment, this property offers endless possibilities.

Local Authority: Barnet
Council Tax band: H
Tenure: Freehold

Agent Details

Statons, Barnet - Sales

020 3889 1515

Next Steps?

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