About This Property

Discover what makes this home special

The Aspen is a stylish and modern terraced property located in the New Southgate area of London, within the EN4 9SH postcode. This one-bedroom, one-bathroom home offers a contemporary open-plan kitchen, living, and dining area that opens onto a private terrace, providing a comfortable and versatile living space. Ideal for young professionals or couples, the property combines convenience with a peaceful residential setting.

Situated just under a mile from New Southgate train station, residents benefit from excellent connectivity to central London and beyond, making commuting straightforward. The local area offers a balanced mix of amenities, including schools, parks, and shopping options, contributing to a well-rounded lifestyle. With ongoing regeneration projects nearby, the area shows promising growth potential for investors and homeowners alike.

Property Features

This property boasts a spacious open-plan kitchen, living, and dining area that maximizes natural light and space efficiency. The modern kitchen is equipped with integrated appliances including a dishwasher, washer/dryer, and fridge/freezer. The master bedroom is complemented by a convenient storage room, maximizing living space. The private terrace offers an outdoor retreat perfect for relaxation or entertaining.

TerraceOpen-plan LivingModern KitchenStorage RoomDouble Glazing

Local Amenities

Located in a well-served residential area, The Aspen benefits from proximity to several transport hubs including New Southgate and Arnos Grove stations, providing frequent services into central London. The nearby Grovelands Park offers ample green space for outdoor activities. Families will appreciate access to reputable local schools such as St. Paul's CofE Primary. Daily conveniences are covered with local supermarkets and a variety of cafes and dining options within easy reach.

New Southgate StationArnos Grove StationGrovelands ParkSt. Paul's CofE Primary SchoolSainsbury's LocalLocal Cafes and Restaurants
New Southgate Train Station (0.9 miles, 5 mins drive) • 35 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£299,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£299,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good transport connectivity to central London
Limited bedroom count may restrict tenant pool
Ongoing local regeneration supports future value growth

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£299,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.4%
Based on £1,096/mo rent
Area Price Growth
+2.5%
Average annual increase
5-Year Value Forecast
£337,631
+£38,631 projected gain
5-Year Rent Forecast
£1,216/mo
Based on 2.1% annual growth
Price per Sq Ft£700
Annual Rent Income£13,152
10-Year ROI176%
Break-Even Point38 yrs

Property Value Projection

Based on 2.5% annual growth
£337,631
5yr
£381,254
10yr
£430,513
15yr
£486,136
20yr
£548,946
25yr
Current: £299,000

Monthly Rental Income

Based on 2.1% annual growth
£1,216
5yr
£1,349
10yr
£1,497
15yr
£1,661
20yr
£1,843
25yr
Current: £1,096/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Location

Commute Time Planner

London Kings Cross
25 mins
45 mins
Heathrow Airport
1h 15m
50 mins

Location Scores

68
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use Residential and Commercial+Positive Impact
New Southgate Regeneration Project
1.0 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£299,000
AvailableNB0000055577
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The Aspen

Barnet, North London, Barnet EN4 9SH
Park Quarter
1
Bedrooms
1
Bathrooms
427
Est. Sq ft
terraced
Type
Available Plot Numbers
0318
1 plot(s) available
Ownershipfreehold

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£299,000The Aspen

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The Aspen
The AspenBarnet, North London£299,000

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