121, Westminster Drive, London, N13 4NT

Description

Freehold three floor five bedroom house Full vacant possession Location: The property is situated on Westminster Drive in Southgate, within the London Borough of Enfield. Public transport links are provided by Palmers Green Railway Station and Southgate Underground Station (Piccadilly Line), together with a network of local bus services serving the surrounding area. An extensive range of shopping amenities can be found within Southgate and Palmers Green town centres, whilst recreational pursuits include Broomfield Park, Grovelands Park and Trent Country Park. Road links are provided by the A10, A406 North Circular Road and M25 motorway. Accommodation: Second floor: Two bedrooms (one with en-suite), shower room/WC First floor: Three bedrooms, WC Ground floor: Reception room, kitchen/dining room Outside: Rear garden Potential: The house was previously licenced and utilised as a 6-bedroom HMO, which potential buyers may wish to consider subject to the necessary planning permissions and co

Location

The property is situated on Westminster Drive in Southgate, within the London Borough of Enfield. Public transport links are provided by Palmers Green Railway Station and Southgate Underground Station (Piccadilly Line), together with a network of local bus services serving the surrounding area. An extensive range of shopping amenities can be found within Southgate and Palmers Green town centres, whilst recreational pursuits include Broomfield Park, Grovelands Park and Trent Country Park. Road links are provided by the A10, A406 North Circular Road and M25 motorway. Accommodation: Second floor: Two bedrooms (one with en-suite), shower room/WC First floor: Three bedrooms, WC Ground floor: Reception room, kitchen/dining room Outside: Rear garden Potential: The house was previously licenced and utilised as a 6-bedroom HMO, which potential buyers may wish to consider subject to the necessary planning permissions and consents.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £15,000–£40,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆