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1/8
£250,000
Offers in excess of

2 bed flat for sale Western Mansions, Great North Road, New Barnet, EN5

2 beds 1 bath Flat/Apartment
Leasehold

Added on 16/09/2026

About this property

A well presented two bedroom flat set above commercial premises, offering well proportioned accommodation comprising a reception room with space for dining, a separate fitted kitchen, two good sized bedrooms and a family bathroom. The property is being sold with the tenant in situ and currently generates a rental income of £1,425 per calendar month, producing a gross rental yield of approximately 6.8% based on the asking price, making it an excellent opportunity for buy-to-let investors seeking an immediate return.

Floorplan

Location

Western Mansions, Great North Road, New Barnet, EN5, EN5 1AE

Council tax
Band C (Approx £1,896/year)

Mortgage and stamp duty

Property price £250,000
£125k £375k
Deposit10% £25,000
£0 £250k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £225,000 mortgage. Most lenders would want a household income of about £50,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in EN5 1AE. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
9, Western Mansions, Great North Road Flat / maisonetteApr 2025527 sq ft £398/sq ft£210,000
4, Western Mansions, Great North Road Flat / maisonetteApr 2025527 sq ft £391/sq ft£206,350
24a, Western Mansions, Great North Road Flat / maisonetteJun 2022560 sq ft £488/sq ft£273,000
8, Western Mansions, Great North Road Flat / maisonetteJan 2021624 sq ft £442/sq ft£276,000
17b, Western Mansions, Great North Road Flat / maisonetteDec 2020420 sq ft £536/sq ft£225,000
20, Western Mansions, Great North Road Flat / maisonetteJan 2020646 sq ft £445/sq ft£287,500
6a, Western Mansions, Great North Road Flat / maisonetteApr 2016452 sq ft £465/sq ft£210,000
16a, Western Mansions, Great North Road Flat / maisonetteNov 2015474 sq ft £433/sq ft£205,000

All sold prices in Barnet →

Area insights

The neighbourhood around this property.

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