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Station Road, New Barnet

£2,250,000
Added on 12/04/2021
Andrew Ward, Barnet
PROPERTY TYPE
House
BEDROOMS
x16
BATHROOMS
x9

Key features

  • 16 BEDROOM HMO APPROVED
  • HUGE POTENTIAL FOR A FLAT SCHEME SUBJECT TO PLANNING PERMISSION.
  • CONVERSION POTENTIAL
  • CORNER PLOT
  • EXCELLENT PROJECTED RENTAL GAINS
  • ARRANGED OVER FOUR FLOORS
  • CLOSE TO TRANSPORT FACILITIES
  • EXCELLENT LOCATION
  • OVER 4600 SQ FT
  • ESTIMATED CONVERSION COST £350,000.

Property description

PLANNING PERMISSION GRANTED FOR A 16 BEDROOM HMO ( HOUSE OF MULTIPLE OCCUPANCY )
WITH PROJECTED RENTAL GAINS OF UPTO £150,000 PER ANNUM.
TWO HUGE FOUR STOREY VICTORIAN SEMI-DETACTHED PROPERTIES SET ON A CORNER PLOT.
EXCELLENT LOCATION ON STATION ROAD IN NEW BARNET.
WITH OVER 4600 SQ FT EXISITING WITH POTENTIAL TO INCREASE SIGNIFICANTLY.
ESTIMATED CONVERSION COST £350,000.
6.5 % RENTAL YIELD WITH A STEADY 5% MARKET APPRECIATION.
ALSO OFFERS HUGE POTENTIAL FOR A FLAT SCHEME SUBJECT TO PLANNING PERMISSION.

Standing on a large corner plot, these impressive period properties maintain a wealth of period style features which include 10ft high ceilings, fireplaces, a combination of sash and double glazed windows, gas central heating systems and an abundance of storage cupboards. Externally, there is off street parking for numerous vehicles and southerly facing rear gardens. Major road access is excellent with the M25 and A1(M) motorways being just a short motoring distance away. The properties are also well served with a number of highly regarded local schools for all ages. The total floor area of both properties is approximately 4703 sqft (436 sqm) and the entire plot has a perimeter of 401ft (0.17 of an acre).



The properties are situated in Station Road (A110) close to its junction with Mowbray Road and is therefore ideally positioned for access to local shops, the multiple shopping facilities at Barnet town centre and a wide range of restaurants and cafes. Ideally located for the commuter, with both New Barnet (Mainline) station and High Barnet (Northern Line) underground station, within easy reach. The area is also served with numerous bus routes.

Brochures

BrochureStation Road, New Barnet

Energy Performance Certificates

EE RatingEI Rating

Station Road, New Barnet

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • New Barnet Station0.2 miles
  • High Barnet Station0.7 miles
  • Oakleigh Park Station0.9 miles
Mortgages
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About the agent

Andrew Ward, Barnet

The Studio, Highstone House, 165 High street, Barnet, EN5 5SU

Andrew Ward, Barnet

Andrew Ward Estate Agents was established with the opening of our first office in Potters Bar, March 1988. Since then we have opened a further two offices located at Brookmans Park and Barnet. We are completely independent and therefore have no hidden alliances to any Banks, Building Societies or Insurance companies, as so often is the case with Estate Agents these days.

Those of you with a longer memory may recall the firm ‘Derek Ward and Partners’, who were established in 1960, and at

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Industry affiliations

Association of Residential Letting AgentsNational Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)

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Disclaimer - Property reference 29071509. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Ward, Barnet. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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