5 Bed Detached House, Planning Permission, Barnet, EN5 3LT, £2,500,000

Hayden Close, Arkley, Barnet, Hertfordshire, EN5 3LT - 3 months ago

Planning

~178 m²

+15 photos

ValuationOvervalued

Sold Prices	£480K - £5.0M
Sold Prices/m²	£3.5K/m² - £11.1K/m²

Square Metres	~178.28 m²
Price/m²	£14K/m²
Value Estimate	£1,152,398£1,152,398

End Value (After Refurb)	£1,800,000£1,800,000

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£625,000£625,000
Stamp Duty & Legal Fees	£339,950£339,950
Refurb Costs	£94,343£94,343
Bridging Loan Interest	£65,625£65,625
Total Cash In	£1,126,668£1,126,668

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£1,800,000£1,800,000
Mortgage (After Refinance)	£1,350,000£1,350,000
Mortgage LTV	75%75%
Cash Left In	£1,126,668£1,126,668
Equity	£450,000£450,000
Rent Range	£1,750 - £7,995£1,750 - £7,995
Rent Estimate	£3,393
Running Costs/mo	£6,324£6,324
Cashflow/mo	£-2,931£-2,931
Cashflow/yr	£-35,167£-35,167
Gross Yield	2%2%

Local Sold Prices

23 sold prices from £480K to £5.0M, average is £1.5M. £3.5K/m² to £11.1K/m², average is £6.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.2M	03/21	0.04 mi	3, Lynford Close, Barnet, Greater London EN5 3HQ	£3,470	353	5	Detached House
£1.7M	04/21	0.12 mi	Midglea, Barnet Road, Barnet, Greater London EN5 3LJ	£6,464	263	5	Detached House
£1.6M	02/23	0.14 mi	Brambles, Barnet Road, Barnet, Greater London EN5 3JZ	£5,498	291	5	Detached House
£2.0M	09/22	0.14 mi	The Briars, Barnet Road, Barnet, Greater London EN5 3JZ	£5,231	382	5	Detached House
£1.1M	10/20	0.23 mi	7, Wylo Drive, Arkley, Barnet, Greater London EN5 3JL	£5,473	203	5	Semi-Detached House
£5.0M	11/21	0.23 mi	Field Cottage, 23, Rowley Green Road, Barnet, Greater London EN5 3HH	£11,062	452	5	Detached House
£1.9M	01/21	0.3 mi	2, Chartridge Close, Barnet, Greater London EN5 3LX	£7,411	253	5	Detached House
£2.1M	03/21	0.38 mi	Saxby, Arkley Drive, Barnet, Greater London EN5 3LN	£6,307	329	5	Detached House
£1.4M	06/21	0.38 mi	Anjalee House, Barnet Road, Arkley, Barnet, Greater London EN5 3JT	£5,885	243	5	Detached House
£1.4M	03/21	0.39 mi	1, Chantry Close, London, Greater London NW7 4HZ	£5,670	256	5	Detached House
£2.4M	10/22	0.44 mi	Mulberry Villa, Hendon Wood Lane, London, Greater London NW7 4HS	-	-	5	Detached House
£1.8M	11/20	0.54 mi	1, Arkley Lane, Barnet, Greater London EN5 3JR	-	-	5	Detached House
£2.7M	08/23	0.54 mi	11, Arkley Lane, Barnet, Greater London EN5 3JR	£6,601	409	5	Detached House
£1.4M	06/21	0.57 mi	5, Althorp Close, Barnet, Greater London EN5 2AY	-	-	5	Detached House
£1.5M	04/21	0.57 mi	Tilersway, Barnet Road, Barnet, Greater London EN5 3HA	£6,489	235	5	Detached House
£480K	06/21	0.72 mi	46, Howard Drive, Borehamwood, Hertfordshire WD6 2PN	£5,714	84	5	Terraced House
£1.3M	05/21	0.75 mi	7, Garden Close, Arkley, Barnet, Greater London EN5 3EW	£6,797	192	5	Detached House
£1.3M	02/21	0.75 mi	4, Garden Close, Arkley, Barnet, Greater London EN5 3EW	£6,771	192	5	Detached House
£3.6M	12/22	0.83 mi	The Spinney, Hyver Hill, London, Greater London NW7 4HU	£9,209	392	5	Detached House
£1.5M	04/23	0.83 mi	5a, Galley Lane, Barnet, Greater London EN5 4AR	£5,017	291	5	Detached House
£1.3M	12/20	0.9 mi	84, Galley Lane, Barnet, Greater London EN5 4AL	£7,615	174	5	Terraced House
£1.4M	01/21	0.93 mi	47, Grimsdyke Crescent, Barnet, Greater London EN5 4AQ	£7,068	191	5	Detached House
£4.5M	12/22	0.99 mi	Holwood House, Nan Clarks Lane, London, Greater London NW7 4HH	£9,221	488	5	Detached House

Local Rents

42 rents from £1.8K/mo to £8K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£7,995	04/24	0.17 mi	Sandalwood Close, Arkley, Hertfordshire, EN5	6	Detached House
£4,995	03/24	0.38 mi	Arkley Drive, Barnet, Hertfordshire, EN5	5	Detached House
£6,750	04/24	0.45 mi	Barnet Road, Arkley, Hertfordshire, EN5	5	House
£4,200	04/24	0.45 mi	Barnet Road, Arkley, Hertfordshire, EN5	4	House
£5,750	04/25	0.45 mi	-	5	Detached House
£2,200	03/24	0.69 mi	Aitken Road, Barnet, EN5 3AD	3	Terraced House
£6,000	04/24	0.7 mi	Bentley Place, Bentley Heath, Hertfordshire, EN5	5	Detached House
£4,000	01/25	0.72 mi	-	4	Bungalow
£3,000	01/25	0.72 mi	-	4	Bungalow
£2,650	04/24	0.73 mi	ENDERSBY ROAD, Barnet, EN5	3	Terraced House
£6,850	04/25	0.73 mi	-	5	Terraced House
£3,000	02/25	0.73 mi	-	4	Flat
£4,600	09/24	0.74 mi	-	6	Semi-Detached House
£2,200	04/24	0.77 mi	Endersby Road, Barnet, EN5	3	Terraced House
£2,200	04/24	0.77 mi	-	3	Terraced House
£2,500	01/25	0.77 mi	-	3	Terraced House
£4,800	09/24	0.77 mi	-	6	Flat
£3,000	02/25	0.77 mi	-	4	Flat
£3,000	03/25	0.77 mi	-	4	Flat
£3,250	02/25	0.77 mi	-	4	Flat
£3,000	03/25	0.79 mi	-	4	Flat
£1,750	10/24	0.81 mi	-	3	Terraced House
£2,550	04/25	0.85 mi	-	3	Semi-Detached House
£2,050	12/24	0.93 mi	-	3	Semi-Detached House
£2,300	04/24	0.99 mi	Southfield, Barnet, EN5	3	Semi-Detached House
£1,925	10/24	0.99 mi	Norfolk Gardens, Borehamwood, Hertfordshire, WD6	3	Terraced House
£2,375	03/24	0.99 mi	Southfield, Barnet, EN5	3	Detached House
£2,375	04/24	0.99 mi	-	3	Semi-Detached House
£2,675	04/24	1.01 mi	Southfield, High Barnet, Barnet, EN5	3	Semi-Detached House
£2,300	05/24	1.02 mi	Dexter Road, Barnet, Herts, EN5	3	Semi-Detached House
£2,150	05/24	1.07 mi	Bells Hill, Barnet, EN5	3	Terraced House
£2,350	04/25	1.1 mi	-	3	Terraced House
£3,950	12/24	1.13 mi	-	4	Terraced House
£5,000	03/25	1.13 mi	-	5	Terraced House
£2,750	04/24	1.16 mi	Sutton Crescent, High Barnet, London, EN5	3	Detached House
£3,500	05/24	1.17 mi	Totteridge Common, London, N20	5	Detached House
£2,950	10/24	1.2 mi	-	4	Semi-Detached House
£3,500	05/24	1.21 mi	Totteridge Common Whetstone N20	5	Detached House
£2,200	10/24	1.22 mi	Langdale Terrace, Manor Way, Borehamwood, Hertfordshire, WD6	3	Flat
£2,400	12/24	1.22 mi	-	3	Detached House
£3,000	09/24	1.23 mi	Worcester Crescent, Mill Hill, London, NW7	4	Semi-Detached House
£2,350	04/24	1.23 mi	Mays Lane, Barnet, EN5	3	Semi-Detached House

Local Area Statistics

Population in EN5	37,04937,049
Population in Barnet	63,21363,213
Town centre distance	2.36 miles away2.36 miles away
Nearest school	0.70 miles away0.70 miles away
Nearest train station	1.88 miles away1.88 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

Listed for £2,500,000

January 14, 2025

Floor Plans

Description

Sole Agents +
Gated +
Constructed by Andrews & Dickens Ltd +
Five Bedrooms +
Five Bathrooms +
State of the Art technology +
Detached double garage +
Over half an acre of grounds in private road +

*CHAIN FREE* Constructed by award-winning Andrews & Dickens Ltd, Sitwell House is set within professionally landscaped gardens occupying a large tranquil site, one of the last remaining in Arkley.

This architecturally designed luxury family home with detached double garage, ample additional parking and front and rear private garden areas, includes high end state-of-the-art technology and internal specification. Access is via an automated gate within a private road.

Planning permission has been granted for a single storey extension to the existing double garage to create a home office.

Sitwell House is located on the fringes of Barnet and Mill Hill which provide a good range of shopping facilities including the Spires shopping centre and an excellent selection of restaurants. The area has renowned schooling both state and private, including Haberdashers, Belmont, Mill Hill School, QE Boys and QE Girls. High Barnet tube station (Northern Line) is within 2 miles and Mill Hill Broadway mainline station is approximately 3 miles away. The M25, A1 and M1 are also easily accessible. Central London is just 13 miles from Arkley Rise and Brent Cross Shopping Centre under 8 miles away.

Local Authority:
Barnet Council
Council Tax Band: H
FREEHOLD

Agent Details

Statons, Totteridge

020 3869 4080

Next Steps?

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

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