Summary - 59 CLARENCE CLOSE BARNET EN4 8AD
1 bed 1 bath Ground Flat
Minutes from New Barnet station — ideal commuter or rental opportunity.
Purpose-built gated development with residents' off-street parking
Approximately 300m to New Barnet Overground; 23 min to King's Cross
Newly renovated throughout; separate lounge and kitchen layout
Long lease: 162 years remaining — straightforward leasehold purchase
Estimated rent ~£1,400pcm; potential gross yield around 6%
Heating via electric room heaters — likely higher running costs
EPC rating D; energy performance improvement may be needed
Local area: higher crime and area deprivation despite gated setting
This newly renovated one-bedroom ground floor apartment sits in a secure, gated development in New Barnet, offering straightforward, low-maintenance living and residents’ off-street parking. Its separate lounge and kitchen create a more traditional layout, giving a feeling of space despite a compact 472 sq ft footprint. The flat is double glazed and presented in good condition, ready to move into or let immediately.
Commuters will value the location: New Barnet Overground station is approximately 300 metres away, with direct services to London King’s Cross in around 23 minutes. For investors, the property is estimated to achieve around £1,400 pcm, equating to a potential gross yield near 6%. The long lease (162 years remaining) and affordable council tax band C reduce common buying concerns for leasehold purchases.
Buyers should note material drawbacks: heating relies on electric room heaters, which can mean higher running costs compared with gas central heating, and the EPC is rated D. The wider neighbourhood statistics indicate higher crime levels and area deprivation; while the development is gated and well-maintained, the surrounding locality may be a consideration for some buyers. The property is best suited to first-time buyers or buy-to-let investors seeking a convenient commuter base rather than those prioritising low utility costs or rural quiet.
Overall, this ground-floor apartment offers a practical, well-positioned home or rental unit with immediate usability and clear transport advantages. Readiness to let or move into, long lease length, and manageable size make it an accessible option for buyers wanting easy access to central London without major renovation work.
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