About This Property

Discover what makes this home special

The Palm is a stylish terraced property located in the suburban area of New Southgate, within the EN4 9SH postcode. This modern home offers a well-planned layout with two spacious bedrooms and two bathrooms, including an en-suite in the master bedroom. The open-plan kitchen, living, and dining area creates a bright and inviting space perfect for both relaxing and entertaining. A private terrace extends the living area outdoors, providing a pleasant spot for alfresco dining or enjoying fresh air.

Situated in a well-connected neighborhood, The Palm benefits from proximity to New Southgate train station, offering convenient access to central London within 30 minutes. The local area is family-friendly, with good schools, parks, and a variety of shops and restaurants nearby. With ongoing regeneration projects aimed at enhancing the community and infrastructure, this property represents a sound investment with solid growth potential.

Property Features

This terraced property boasts a modern open-plan kitchen, living, and dining room that maximizes space and natural light. The master bedroom includes an en-suite bathroom for added privacy and convenience. Additional features include a store room and designated space for a washer/dryer, enhancing functionality. The private terrace offers an outdoor extension of the living space, ideal for relaxation or entertaining guests.

TerraceOpen-plan Kitchen/Living/DiningEn-suite BathroomStore RoomWasher/Dryer SpaceModern Fixtures

Local Amenities

The Palm is located near New Southgate and Arnos Grove stations, providing good rail links into central London. The area is well-served by green spaces such as Broomfield Park and Grovelands Park, perfect for outdoor activities. Families will appreciate the proximity to reputable schools including St. Paul's CofE Primary and Ashmole Academy. Local amenities such as shops, supermarkets, and a variety of restaurants ensure everyday convenience within easy reach.

New Southgate StationArnos Grove StationBroomfield ParkGrovelands ParkSt. Paul's CofE Primary SchoolAshmole Academy+3
New Southgate Train Station (0.9 miles, 5 mins drive) • 40 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£538,000
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£538,000
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 access to London
Limited immediate transport options
Ongoing local regeneration

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£538,000
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 £1,973/mo rent
Area Price Growth
+2.5%
Average annual increase
5-Year Value Forecast
£607,511
+£69,511 projected gain
5-Year Rent Forecast
£2,189/mo
Based on 2.1% annual growth
Price per Sq Ft£656
Annual Rent Income£23,676
10-Year ROI176%
Break-Even Point37 yrs

Property Value Projection

Based on 2.5% annual growth
£607,511
5yr
£686,003
10yr
£774,636
15yr
£874,721
20yr
£987,736
25yr
Current: £538,000

Monthly Rental Income

Based on 2.1% annual growth
£2,189
5yr
£2,429
10yr
£2,695
15yr
£2,990
20yr
£3,317
25yr
Current: £1,973/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 King's Cross
30 mins
45 mins
Heathrow Airport
1h 15m
50 mins

Location Scores

65
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

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

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£538,000
AvailableNB0000055575
View Location Analytics

The Palm

Barnet, North London, Barnet EN4 9SH
Park Quarter
2
Bedrooms
2
Bathrooms
820
Est. Sq ft
terraced
Type
Available Plot Numbers
168
1 plot(s) available
Ownershipfreehold

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£538,000The Palm

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The Palm
The PalmBarnet, North London£538,000

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