Sold STC Flat

FLAT 2

6 MARKET PLACE, LONDON, GREATER LONDON N2 8BB

2 beds 1 baths 53 m² Listed 16 Aug 2023 (-1026d)

£600,000

Guide Price

Reduced on 15 Sep 2023

Save

# 2 bedroom apartment for sale (N2 8BB)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 2, 6 MARKET PLACE, LONDON, GREATER LONDON N2 8BB |
| Price | £600,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | D |
| Last sold | £350,000 Nov 2012 |

## Description

*GUIDE PRICE £600,000 - £650,000*

A ground floor converted maisonette within a grand period building in a prime location minutes from East Finchley high road and tube station. This attractive property benefits from its own entrance providing high ceilings, two double bedrooms, fitted kitchen and a reception room with original features with French doors opening into a large beautifully landscaped private garden.

The Owners Love

''Parking my car right outside my front door on the driveway is a real timesaver''

"It is an oasis of peace and calm in a garden paradise surrounded by mature trees and bird song"

''I have loved living in East Finchley, so conveniently situated near shops, restaurants and our own cinema. The area is very well-served with transport links and easy access to Muswell Hill and Highgate, and the place has a strong sense of community that I shall miss''

The outbuilding has electricity and is suitable as a work space.

The property has a long lease.

## Property Photos

- ![Picture No. 12](/listings/photos/138722945/370728) - Picture No. 12
- ![Picture No. 29](/listings/photos/138722945/370729) - Picture No. 29
- ![Picture No. 21](/listings/photos/138722945/370730) - Picture No. 21
- ![Picture No. 05](/listings/photos/138722945/370731) - Picture No. 05
- ![Picture No. 07](/listings/photos/138722945/370732) - Picture No. 07
- ![Picture No. 04](/listings/photos/138722945/370733) - Picture No. 04
- ![Picture No. 18](/listings/photos/138722945/370735) - Picture No. 18
- ![Picture No. 19](/listings/photos/138722945/370738) - Picture No. 19
- ![Picture No. 24](/listings/photos/138722945/370741) - Picture No. 24
- ![Picture No. 26](/listings/photos/138722945/370742) - Picture No. 26
- ![Picture No. 06](/listings/photos/138722945/370743) - Picture No. 06
- ![Picture No. 08](/listings/photos/138722945/370747) - Picture No. 08
- ![Picture No. 27](/listings/photos/138722945/370751) - Picture No. 27
- ![Picture No. 11](/listings/photos/138722945/370754) - Picture No. 11

## Floorplans

- ![Floorplan](/listings/photos/138722945/370756) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/138722945/370757) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 6 FLAT 2 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB | £350,000 | 16/11/2012 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 234 FIRST FLOOR FLAT EAST END ROAD, LONDON, BARNET, GREATER LONDON, N2 8AX | £670,000 | 16/05/2023 | Flat |
| 119B HIGH ROAD, LONDON, BARNET, GREATER LONDON, N2 8AG | £475,000 | 17/04/2023 | Flat |
| 7A MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BD | £530,000 | 28/07/2022 | Flat |
| [Same street] 54 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB | £535,000 | 05/01/2022 | Flat |
| [Same street] 50 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB | £460,000 | 13/09/2021 | Flat |

**Street average:** £497,500 (2 sales)
**Area average:** £558,333 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £461,251 (40 Flat, N2, 2024–2026)
- **Deviation:** +30.1%

## Rental Range

*ONS Price Index of Private Rents (Barnet). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,738/mo
- **Realistic:** £1,931/mo
- **Optimistic:** £2,124/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Peterborough (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £698/mo

## 1% Rule

- **Rent ratio:** 0.32% (weak for cashflow)
- **Max investor price (0.8%):** £241,375
- **Target investor price (1%):** £193,100

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 6.6%
- **10y growth:** -7%

## House Price Index (HM Land Registry)

*Official index for Barnet; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -6.5%
- **5y growth (index):** -4.5%
- **10y growth (index):** -0.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Picture No. 12 Picture No. 29 Picture No. 21 Picture No. 05 Picture No. 07 Picture No. 04 Picture No. 18 Picture No. 19 Picture No. 24 Picture No. 26 Picture No. 06 Picture No. 08 Picture No. 27 Picture No. 11

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Property details

Tenure

LEASEHOLD

Floor area

53 m²

Council tax band

Last sold

£350,000 Nov 2012

Local average

£461,251 (+30.1%)

Deprivation

Decile 8 (24,222 of 33,755)

Street crime

361 incidents within 1 mile (Mar 2026)

Key features

Parking space
Garden
Own front door
Leasehold
2 Double bedrooms
High ceilings
Reception room
Garden outbuilding
0.2m to station

Additional details

Parking: Yes
Garden: Yes

Description

*GUIDE PRICE £600,000 - £650,000*
A ground floor converted maisonette within a grand period building in a prime location minutes from East Finchley high road and tube station. This attractive property benefits from its own entrance providing high ceilings, two double bedrooms, fitted kitchen and a reception room with original features with French doors opening into a large beautifully landscaped private garden.

The Owners Love
''Parking my car right outside my front door on the driveway is a real timesaver''

"It is an oasis of peace and calm in a garden paradise surrounded by mature trees and bird song"
''I have loved living in East Finchley, so conveniently situated near shops, restaurants and our own cinema. The area is very well-served with transport links and easy access to Muswell Hill and Highgate, and the place has a strong sense of community that I shall miss''

The outbuilding has electricity and is suitable as a work space.
The property has a long lease.

Listed by

East Finchley

Martyn Gerrard

Reference: 138722945

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	16/11/2012 (13 years ago)	£350,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
234 FIRST FLOOR FLAT EAST END ROAD, LONDON, BARNET, GREATER LONDON, N2 8AX	£670,000	16/05/2023	Flat
119B HIGH ROAD, LONDON, BARNET, GREATER LONDON, N2 8AG	£475,000	17/04/2023	Flat
7A MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BD	£530,000	28/07/2022	Flat
Same street 54 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB	£535,000	05/01/2022	Flat
Same street 50 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB	£460,000	13/09/2021	Flat

Street average: £497,500 (2 sales)

Area average: £558,333 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 6.6%

10y growth -7%

House Price Index (HM Land Registry — official index, not sold-price averages): Barnet. Series: Flats and maisonettes. As of March 2026.

1y (index) -6.5%

5y (index) -4.5%

10y (index) -0.2%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: FOXGLADE PROPERTIES LIMITED (3651971)

Rental Range

Estimated market rent for Barnet. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,738/mo

Realistic £1,931/mo

Optimistic £2,124/mo

Based on Local Authority from postcode lookup → Barnet.

LHA (30th percentile) floor for Peterborough: £698/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View N2 8BB

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Kitchener Road	0.1 miles
Shop	Iceland	0.1 miles
Shop	Sainsbury's Local	0.1 miles
Bus stop	High Road East Finchley	0.1 miles
Train station	East Finchley	0.2 miles
Train station	Highgate	1.2 miles
University	Central Belsize Square	3.0 miles
University	Flood Hazard Research Centre	3.2 miles
Hospital	Priory Hospital	3.5 miles
Hospital	North London Hospice Winchmore Hill	4.0 miles

Street-level crime

Category	Count
Violence and sexual offences	89
Anti-social behaviour	78
Shoplifting	31
Vehicle crime	31
Burglary	25
Public order	24
Criminal damage and arson	23
Other theft	17
Drugs	15
Robbery	11
Theft from the person	10
Bicycle theft	3
Other crime	2
Possession of weapons	2
Total incidents	361

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Holy Trinity CofE Primary School	Primary	0.1 miles	Good — 9 Sep 2024
The Archer Academy	Secondary	0.2 miles	Outstanding — 18 Jun 2019
Martin Primary School	Primary	0.3 miles	Good — 26 Nov 2023
Oak Lodge School	Other	0.5 miles	Outstanding — 31 Jan 2014
Kerem School	Other	0.5 miles	— (No rating)

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.32%

Max investor price (0.8%) £241,375

Target investor price (1%) £193,100

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).