# 1 bedroom apartment for sale (EN5 4BU)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 23, GILLINGS COURT, WOOD STREET, BARNET, GREATER LONDON EN5 4BU |
| Price | £260,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | TBC |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 39 m² |
| Last sold | £260,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 12/09/2032
- **Current heating cost:** £710/year
- **Est. upgrade cost to C:** £7,175

### Recommendations
- W2 (£4,000 - £6,000)
- E (£20)
- L2 (£800 - £1,200)
- Y (£585 - £725)
- X (£500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9172-3020-7201-4042-3200)

## Description

A one bedroom ground floor purpose built flat with its own entrance, located moments from the High Street.

The accommodation includes a good sized reception room opening to a fitted kitchen, a double bedroom and a shower room. An ideal first time purchase and an opportunity to put your own stamp on the property.

The property also benefits from an allocated off street parking space and a share of the freehold with a long lease of 975 years remaining.

There's a great selection of highly regarded schools in the surrounding vicinity and the amenities of the High Street are moments away, with shops, cafes, restaurants and bus links. High Barnet tube station is also within half a mile, giving access into Central London. The area is also known for its pockets of greenbelt and recreational spaces, including Ravenscroft Park and The Old Courthouse Park.

Share of Freehold: 975 years remaining (999 years from 19/09/2000)

Service Charge: £1,740p/a

No Ground Rent

Council Tax band: C

## Property Photos

- ![Picture No. 02](/listings/photos/159323555/1199388) - Picture No. 02
- ![Picture No. 04](/listings/photos/159323555/1199389) - Picture No. 04
- ![Picture No. 03](/listings/photos/159323555/1199390) - Picture No. 03
- ![Picture No. 01](/listings/photos/159323555/1199391) - Picture No. 01
- ![Picture No. 05](/listings/photos/159323555/1199392) - Picture No. 05

## Floorplans

- ![Floorplan](/listings/photos/159323555/1199393) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/159323555/1199394) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| GILLINGS COURT FLAT 23 WOOD STREET, BARNET, GREATER LONDON, EN5 4BU | £260,000 | 06/03/2026 | 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 |
|---------|-------|------|------|
| [Same street] GILLINGS COURT FLAT 3 WOOD STREET, BARNET, GREATER LONDON, EN5 4BU | £282,500 | 30/07/2025 | Flat |
| 1 MANOR CLOSE, BARNET, GREATER LONDON, EN5 4BP | £405,000 | 14/02/2025 | Flat |
| ST MARTHA'S COURT FLAT 2 WOOD STREET, BARNET, GREATER LONDON, EN5 4AY | £325,000 | 01/12/2023 | Flat |
| ABINGDON LODGE, 37 5 MANOR ROAD, BARNET, GREATER LONDON, EN5 2JG | £460,000 | 29/11/2023 | Flat |
| 90D HIGH STREET, BARNET, GREATER LONDON, EN5 5SN | £232,000 | 24/10/2023 | Flat |
| ST MARTHA'S COURT FLAT 16 WOOD STREET, BARNET, GREATER LONDON, EN5 4AY | £224,000 | 01/09/2023 | Flat |
| 11 CATTLEY CLOSE, BARNET, GREATER LONDON, EN5 4SN | £675,000 | 24/08/2023 | Flat |
| [Same street] GILLINGS COURT FLAT 16 WOOD STREET, BARNET, GREATER LONDON, EN5 4BU | £290,000 | 12/05/2023 | Flat |
| 101 HERTSWOOD COURT, BARNET, GREATER LONDON, EN5 4AU | £120,000 | 21/03/2023 | Flat |
| 11 HERTSWOOD COURT, BARNET, GREATER LONDON, EN5 4AU | £170,000 | 13/03/2023 | Flat |
| 2C FLAT 1 SALISBURY ROAD, BARNET, GREATER LONDON, EN5 4JP | £575,000 | 23/12/2022 | Flat |
| 2C FLAT 5 SALISBURY ROAD, BARNET, GREATER LONDON, EN5 4JP | £515,000 | 25/11/2022 | Flat |
| 107 HERTSWOOD COURT, BARNET, GREATER LONDON, EN5 4AU | £120,000 | 14/11/2022 | Flat |
| 3 MANOR CLOSE, BARNET, GREATER LONDON, EN5 4BP | £392,500 | 09/11/2022 | Flat |
| 2C FLAT 4 SALISBURY ROAD, BARNET, GREATER LONDON, EN5 4JP | £355,000 | 27/10/2022 | Flat |
| ST MARTHA'S COURT FLAT 1 WOOD STREET, BARNET, GREATER LONDON, EN5 4AY | £365,000 | 21/10/2022 | Flat |
| GLASSBANK COURT, 85A FLAT 2 HIGH STREET, BARNET, GREATER LONDON, EN5 5UR | £330,000 | 21/09/2022 | Flat |
| GLASSBANK COURT, 85A FLAT 1 HIGH STREET, BARNET, GREATER LONDON, EN5 5UR | £325,000 | 25/07/2022 | Flat |
| 120 HERTSWOOD COURT, BARNET, GREATER LONDON, EN5 4AU | £152,000 | 20/06/2022 | Flat |
| 18 HERTSWOOD COURT, BARNET, GREATER LONDON, EN5 4AU | £170,000 | 07/06/2022 | Flat |
| 2C FLAT 2 SALISBURY ROAD, BARNET, GREATER LONDON, EN5 4JP | £580,000 | 24/03/2022 | Flat |
| THE LODGE, 45 FLAT A WOOD STREET, BARNET, GREATER LONDON, EN5 4BE | £475,000 | 18/02/2022 | Flat |
| [Same street] GILLINGS COURT FLAT 9 WOOD STREET, BARNET, GREATER LONDON, EN5 4BU | £240,000 | 31/01/2022 | Flat |

**Street average:** £270,833 (3 sales)
**Area average:** £348,275 (20 sales)

## Price vs local average

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

- **Local average:** £339,243 (37 Flat, EN5, 2024–2026)
- **Deviation:** -23.4%

## Rental Range

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

- **Low:** £1,741/mo
- **Realistic:** £1,934/mo
- **Optimistic:** £2,127/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £1,147/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| Studio Flat, Meadow Close, EN5 | £1,075/mo | 1 | 0.73 miles | OpenRent |

**Average rent: £1,075/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.41% (weak for cashflow)
- **Max investor price (0.8%):** £134,375
- **Target investor price (1%):** £107,500

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,075/mo).*

- **Gross yield:** 5%
- **Cost-to-rent:** 20.2×
- **Monthly cashflow:** £-81/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -1.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £6,667/m²

## Capital growth trend

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

- **5y growth:** -3.3%
- **10y growth:** 0.9%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -5.6%
- **5y growth (index):** -3.4%
- **10y growth (index):** -0.8%

## 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)