4 Bed Bungalow, Planning Permission, Barnet, EN5 3LL, £1,350,000

Barnet Road, Barnet, EN5 3LL - 1 views - 7 months ago

Sold STC

Planning

~129 m²

+22 photos

ValuationOvervalued

Sold Prices	£545K - £1.9M
Sold Prices/m²	£4.7K/m² - £9.3K/m²

Square Metres	~129.26 m²
Price/m²	£10.4K/m²
Value Estimate	£726,239£726,239

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£337,500£337,500
Stamp Duty & Legal Fees	£144,950£144,950
Total Cash In	£482,450£482,450

Cash Out
Rent Range	£2,200 - £7,995£2,200 - £7,995
Rent Estimate	£2,200
Running Costs/mo	£4,679£4,679
Cashflow/mo	£-2,479£-2,479
Cashflow/yr	£-29,745£-29,745
Gross Yield	2%2%

Local Sold Prices

24 sold prices from £545K to £1.9M, average is £792.5K. £4.7K/m² to £9.3K/m², average is £5.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.4M	06/21	0.23 mi	72, Quinta Drive, Barnet, Greater London EN5 3BE	£9,205	149	4	Detached House
£1.3M	10/22	0.34 mi	26, Garthland Drive, Barnet, Greater London EN5 3AZ	£6,784	188	4	Detached House
£1.9M	01/21	0.44 mi	Holmside, Barnet Road, Barnet, Greater London EN5 3JZ	£9,250	200	4	Detached House
£670K	12/20	0.47 mi	9, Garthland Drive, Barnet, Greater London EN5 3BB	£6,634	101	4	Semi-Detached House
£1.2M	06/21	0.51 mi	37, Galley Lane, Barnet, Greater London EN5 4AR	£7,581	155	4	Detached House
£740K	12/20	0.53 mi	5, Rockways, Barnet, Greater London EN5 3JJ	£5,034	147	4	Detached House
£1.2M	06/23	0.61 mi	35, Grimsdyke Crescent, Barnet, Greater London EN5 4AQ	-	-	4	Detached House
£1.0M	03/21	0.63 mi	42, Kings Road, Barnet, Greater London EN5 4EG	-	-	4	Detached House
£1.1M	03/21	0.63 mi	46, Kings Road, Barnet, Greater London EN5 4EG	-	-	4	Detached House
£923K	11/21	0.64 mi	24, Old Fold View, Barnet, Greater London EN5 4EB	-	-	4	Detached House
£580K	03/21	0.72 mi	10, Bishops Close, Barnet, Greater London EN5 2QH	£5,472	106	4	Semi-Detached House
£650K	01/23	0.72 mi	10, Bishops Close, Barnet, Greater London EN5 2QH	£6,132	106	4	Semi-Detached House
£800K	01/21	0.73 mi	57, Old Fold View, Barnet, Greater London EN5 4EA	£5,839	137	4	Semi-Detached House
£605.3K	10/22	0.73 mi	13, Bishops Close, Barnet, Greater London EN5 2QH	£5,044	120	4	Terraced House
£1.4M	02/21	0.74 mi	19, Granville Road, Barnet, Greater London EN5 4DU	£5,055	272	4	Detached House
£595K	11/20	0.8 mi	36, Chesterfield Road, Barnet, Greater London EN5 2RF	£5,833	102	4	Semi-Detached House
£1.4M	02/23	0.82 mi	28, Granville Road, Barnet, Greater London EN5 4DS	-	-	4	Semi-Detached House
£545K	02/21	0.82 mi	1, Niton Close, Barnet, Greater London EN5 2RQ	£5,619	97	4	Terraced House
£735K	07/23	0.91 mi	45, Darlands Drive, Barnet, Greater London EN5 2DE	£5,104	144	4	Terraced House
£765K	06/21	0.91 mi	61, Darlands Drive, Barnet, Greater London EN5 2DE	£4,722	162	4	Detached House
£687.1K	06/23	0.91 mi	51, Darlands Drive, Barnet, Greater London EN5 2DE	£6,940	99	4	Terraced House
£790K	03/21	0.93 mi	36, Darlands Drive, Barnet, Greater London EN5 2DF	-	-	4	Detached House
£795K	06/21	0.93 mi	46, Darlands Drive, Barnet, Greater London EN5 2DF	£5,933	134	4	Detached House
£555K	06/23	0.98 mi	59, Nicoll Way, Borehamwood, Hertfordshire WD6 2PU	£4,703	118	4	Terraced House

Local Rents

10 rents from £2.2K/mo to £8K/mo, average is £3.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,995	03/24	0.09 mi	Arkley Drive, Barnet, Hertfordshire, EN5	5	Detached House
£6,750	04/24	0.12 mi	Barnet Road, Arkley, Hertfordshire, EN5	5	House
£4,200	04/24	0.12 mi	Barnet Road, Arkley, Hertfordshire, EN5	4	House
£6,000	04/24	0.37 mi	Bentley Place, Bentley Heath, Hertfordshire, EN5	5	Detached House
£7,995	04/24	0.39 mi	Sandalwood Close, Arkley, Hertfordshire, EN5	6	Detached House
£2,200	03/24	0.4 mi	Aitken Road, Barnet, EN5 3AD	3	Terraced House
£2,650	04/24	0.42 mi	ENDERSBY ROAD, Barnet, EN5	3	Terraced House
£2,200	04/24	0.46 mi	Endersby Road, Barnet, EN5	3	Terraced House
£2,200	04/24	0.46 mi	-	3	Terraced House
£2,500	01/25	0.46 mi	-	3	Terraced House

Local Area Statistics

Population in EN5	37,04937,049
Population in Barnet	63,21363,213
Town centre distance	2.41 miles away2.41 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	1.56 miles away1.56 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+19%+19%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+11%+11%

Property History

Price changed to £1,350,000

February 20, 2025

Price changed to £1,400,000

January 3, 2025

Listed for £1,500,000

September 13, 2024

Floor Plans

Description

Detached bungalow +
Freehold +
4 Bedrooms +
2 Bathrooms +
Utility room +
Conservatory +
Garage +
Parking +
70ft rear garden +
2,319 sqft +

Measuring 2,319 sqft is this four bedroom, two bathroom detached bungalow positioned on a wide plot and located in the heart of Arkley, Barnet, close to a selection of sought-after schools rated Outstanding by OFSTED.
The property features off-street parking, garage, utility room, conservatory and a 70ft rear garden.
There is also potential for development opportunities, subject to planning permission.

The Owners Love
"Friendly, helpful and pleasant neighbours"
"The open-plan space is perfect for entertaining friends and family"
"The lovely large garden is very relaxing and great for pets"

We've Noticed
Whitings Hill Primary, Courtland Primary, Q E Boys Secondary and Ellern Mede Secondary schools (all rated Outstanding by OFSTED) along with Yavneh College can be found within 1.5 miles of the property.
The A1, M1 and M25 roads are moments away, providing ease of access.

Agent Details

Martyn Gerrard, Barnet

020 3907 7089

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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