Park Road, Barnet, North London, EN4
By The Property Studio
£ 136,000
Reviews
2 out of 5 stars
The Property Studio says ..
THIS PROPERTY CAN BE PURCHASED AT £136,000 ON A 40% SHARED OWNERSHIP BASIS ***99 YEAR LEASE***
Property Oracle says ..
This property is a 2-bedroom, 1-bathroom flat located on Park Road in East Barnet, North London. The listing indicates it is available on a 40% shared ownership basis with a 99-year lease. This shared ownership element is a significant factor. The photos suggest a property that is habitable but requires some work. The kitchen appears cluttered and in need of updating, while the bathroom shows evidence of wall damage and general wear and tear. The rooms are of a reasonable size. The internal pictures show evidence of a dated, basic interior style. The location offers relatively convenient access to New Barnet train station, a point of interest for commuters. Several good-rated schools are within walking distance, which would be a benefit to families. However, the lack of a garden is a notable drawback, and the property’s condition suggests that the buyer should factor in renovation costs. More information is needed on the local average price per square foot to fully assess the pricing value, as that data is not readily available in the provided data set. Furthermore, a clear understanding of the financial implications of shared ownership is essential before making any decisions. Potential buyers will need to thoroughly investigate this type of purchase, making a balanced assessment of costs vs. the property’s current condition and location before deciding if it’s the right choice for them.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 602.78
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 542,389.00 £Decreased by 6.67 %
- Est sale value
- 341,776.26 £Decreased by 1.05 %
- Average area rental value
- 1,615.00 £/moDecreased by 23.10 %
- Est letting value
- 602.78 £/moDecreased by 50.00 %
- Est rental Yield
- 3.57 %Decreased by 17.74 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
The Property Studio created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Beya Children'S Centre | Children's Centre | 0.42 KM | |
| Livingstone Primary And Nursery School | Community School | Good | 0.48 KM |
| St Margaret'S Nursery School | Local Authority Nursery School | Outstanding | 0.51 KM |
| Jcoss | Voluntary Aided School | Good | 0.70 KM |
| Brookhill Nursery School | Local Authority Nursery School | Outstanding | 0.74 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Astera Mews | £ 0 | 0 | 0.00 KM |
| St. James Close | £ 0 | 0 | 0.00 KM |
| Pilgrim's Rise | £ 0 | 0 | 0.00 KM |
| Kingston Road | £ 0 | 0 | 0.00 KM |
| Pym Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| New Barnet | 6018 | NBA | 1.01 KM |
| Oakleigh Park | 6020 | OKL | 1.58 KM |
| Hadley Wood | 6075 | HDW | 2.27 KM |
| New Southgate | 6019 | NSG | 4.82 KM |
| Potters Bar | 6022 | PBR | 5.92 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Pymmes Brook Drive, Barnet, EN4 | £ 750,000 | BUY | 6 / 10 | 0.04 KM |
| Golden Court, Park Road, New Barnet EN4 9TE | £ 329,950 | BUY | 6 / 10 | 0.05 KM |
| Park Road, Barnet, EN4 | £ 285,000 | BUY | 7 / 10 | 0.05 KM |
| Pippin Court, Park Road, Barnet, Hertfordshire, EN4 | £ 300,000 | BUY | Unknown | 0.06 KM |
| Park Road, New Barnet, Hertfordshire, EN4 | £ 325,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 64 Park Road | £ 442,500 | 0.00 KM |
| 30 Park Road | £ 425,000 | 0.00 KM |
| 70 Park Road | £ 850,000 | 0.00 KM |
| 52 Park Road | £ 400,000 | 0.00 KM |
| 38 Park Road | £ 565,000 | 0.00 KM |