17 Elmscroft Gardens, Potters Bar, Hertfordshire

Description

A well located four bedroom semi-detached house in a highly sought after residential location. The property is presented in reasonable decorative order and benefits from off-street parking, garage and rear garden. Well located for the amenities of Potters Bar. Sold with vacant possession.

Accommodation

Ground Floor - Bedroom, Lounge, Kitchen / Diner, Shower Room. First Floor - Three Bedrooms, W.C, Bathroom.

Location

The property is located on Elmscroft Gardens which is situated between Aberdale Gardens and Sherwood Avenue. Local amenities can be found on Darkes Lane, Potters Bar High Street and Barnet Road. Recreational amenities of Brookmans Park Golf Club, Morven Park and Northaw Great Wood Country Park are all easily accessible. Transport: Potters Bar - National Rail.

Tenure / Property Information

Investment Analysis

The strongest evidence comprises two same-street freehold semi-detached sales at £647,500 in October 2025 and £765,000 in March 2026. A £825,000 sale from March 2023 provides older context. The comparables' bedroom counts, floor areas, specification and condition are not supplied, so an exact valuation is not supportable. An indicative range of £647,500–£765,000 is used, with a midpoint base GDV of £706,250. The £485,000 guide is below this indicative range, but buyer fees, VAT and any seller charges are unknown.

Investment Snapshot

Strategy Recommendation

Proceed only after legal, survey and fee due diligence. The guide appears potentially attractive against same-street sales, but the evidence is insufficient to underwrite BTL or a flip. Treat as a potential owner-occupier or resale opportunity rather than bidding on an assumed investment yield.

Works Required

No specific defects or required works are evidenced. The property is described as being in reasonable decorative order. Allow for inspection and any ordinary redecoration or repairs identified during due diligence, but no quantified works allowance can be supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative base GDV, a 75% refinance is approximately £529,687.50. Total acquisition and works cost cannot be calculated because buyer/admin fees, VAT treatment, seller charges and refurbishment costs are not supplied. The refinance may exceed the £485,000 guide, but this is not a cash-left-in calculation and is subject to valuation, lending criteria and costs.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Gross yield, operating surplus and a supported maximum bid therefore cannot be calculated. Vacant possession is available, but buyer fees, VAT and other charges remain unknown.

Flip Analysis

The indicative base GDV is £706,250 against the £485,000 guide, before buyer fees, VAT, seller charges, finance, works and resale costs. A flip surplus cannot be calculated because the relevant acquisition costs, refurbishment allowance and supported selling allowance are unavailable. The comparable evidence is incomplete because floor areas, bedroom counts and condition are not provided.

Investor Risks & Due Diligence

• Comparable sales do not include floor areas, bedroom counts, specification or condition, limiting GDV precision.

• No sufficiently specific rental evidence is available, so BTL yield cannot be established.

• Buyer premium, VAT and possible seller charges are not quantified.

• No survey evidence or quantified refurbishment budget is provided.

• The property is vacant, so no passing rent or tenancy income is evidenced.

Recommendation

Proceed only after legal, survey and fee due diligence. The guide appears potentially attractive against same-street sales, but the evidence is insufficient to underwrite BTL or a flip. Treat as a potential owner-occupier or resale opportunity rather than bidding on an assumed investment yield.

Strategy Rating

Analysis Confidence

There are relevant same-street completed sales and a clear property description, but comparable size, bedroom, condition and specification details, rent evidence, works costs and buyer charges are missing.