Sold Shop

48 TOTTERIDGE LANE

LONDON, LONDON, GREATER LONDON N20 9QJ

Listed 14 May 2011 (-5548d)

£1,667 pcm

Save

# Shop for rent (N20 9QJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 48 TOTTERIDGE LANE, LONDON, LONDON, GREATER LONDON N20 9QJ |
| Price | £1,667 pcm |
| Last sold | £95,000 Dec 1998 |

## Description

Description:

Benefiting from a shop front of 4.45 m (14 ft 6) approx with a total shop depth of 11.7 m (38 ft 6) approx.

This unit offers a net internal area of 52 m2 (560 ft2) approx.

The premises also benefits from gas central heating and air conditioning and further has a staff / customer WC refurbished to a high standard.

Location:

- The premises has Totteridge and Whetstone (Northern Line) underground tube station as its nearest public transport link and is serviced by a range of bus routes.

- The unit further benefits from close proximity to the affluent residential areas of Totteridge, Whetstone and Woodside Park with ease of access to surrounding areas such as High Barnet, Mill Hill and Finchley.

Local High Street:

Situated close to the intersection of High Road, Whetstone and Totteridge Lane. This unit is based within a mixed use shopping parade within close proximity to a number of large multiples such as Waitrose, Boots as well as smaller boutique style outlets.

Tenure:

Grant of a new 15 year lease with 5 yearly rent reviews (TBC).

Rent:

£20,000 PAX.

Premium:

£10,000 ONO.

Business Rates:

Interested parties are invited to make their own investigation as to the rates they would pay and whether a small business discount or rate relief may be applied.

Conditions:

Ingoing tenant to be responsible for both parties reasonable legal costs.

Viewing:

Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT.

Please contact a member of our commercial team on 020 8444 3445.

Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.

4. All rent prices, fees and charges are quoted exclusive of VAT.

5. Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

## Property Photos

- ![Main](/listings/photos/33898247/206828) - Main

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 48 TOTTERIDGE LANE, LONDON, BARNET, GREATER LONDON, N20 9QJ | £95,000 | 08/12/1998 | Terraced |
| 48 TOTTERIDGE LANE, LONDON, BARNET, GREATER LONDON, N20 9QJ | £72,500 | 06/06/1997 | Terraced |
| 48 TOTTERIDGE LANE, LONDON, BARNET, GREATER LONDON, N20 9QJ | £57,000 | 05/05/1995 | Terraced |

## 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] 54 TOTTERIDGE LANE, LONDON, BARNET, GREATER LONDON, N20 9QJ | £335,000 | 12/12/2023 | Terraced |
| 1282 - 1284 HIGH ROAD, LONDON, BARNET, GREATER LONDON, N20 9HH | £1,150,000 | 18/11/2022 | Other |
| 1276 HIGH ROAD, LONDON, BARNET, GREATER LONDON, N20 9HH | £2,575,000 | 31/03/2022 | Other |
| 1325 HIGH ROAD, LONDON, BARNET, GREATER LONDON, N20 9HR | £700,000 | 18/03/2022 | Other |
| 35 TOTTERIDGE LANE, LONDON, BARNET, GREATER LONDON, N20 0HD | £15,400 | 27/10/2021 | Other |
| 34 ST MARGARETS AVENUE, LONDON, BARNET, GREATER LONDON, N20 9LJ | £22,000 | 30/07/2021 | Other |

**Street average:** £335,000 (1 sale)
**Area average:** £892,480 (5 sales)

## Price vs local average

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

- **Local average:** £978,750 (4 Other, N20, 2024–2026)
- **Deviation:** -99.8%

## 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 Peterborough (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Griffin Lodge, N12 | £1,500/mo | 1 | 0.68 miles | OpenRent |

**Average rent: £1,500/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 89.98% (strong)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*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 £1,500/mo).*

- **Gross yield:** 1079.8%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £1,318/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3272.7%

*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).*

## Capital growth trend

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

- **5y growth:** -66.1%

## House Price Index (HM Land Registry)

*Official index for Barnet; All dwelling types series; as of April 2026.*

- **1y growth (index):** -3.9%
- **5y growth (index):** 2.5%
- **10y growth (index):** 7%

## 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)

Main

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Property details

Tenure

LEASEHOLD

Last sold

£95,000 Dec 1998

Local average

£978,750 (-99.8%)

Deprivation

Decile 8 (26,269 of 33,755)

Street crime

201 incidents within 1 mile (May 2026)

Key features

TOTAL GROUND FLOOR AREA 52 M2 (560 FT2) APPROX
CLOSE PROXIMITY TO NORTHERN LINE
AFFLUENT TRADING LOCATION

Description

Description:

Benefiting from a shop front of 4.45 m (14 ft 6) approx with a total shop depth of 11.7 m (38 ft 6) approx.

This unit offers a net internal area of 52 m2 (560 ft2) approx.

The premises also benefits from gas central heating and air conditioning and further has a staff / customer WC refurbished to a high standard.

Location:

- The premises has Totteridge and Whetstone (Northern Line) underground tube station as its nearest public transport link and is serviced by a range of bus routes.
- The unit further benefits from close proximity to the affluent residential areas of Totteridge, Whetstone and Woodside Park with ease of access to surrounding areas such as High Barnet, Mill Hill and Finchley.

Local High Street:

Situated close to the intersection of High Road, Whetstone and Totteridge Lane. This unit is based within a mixed use shopping parade within close proximity to a number of large multiples such as Waitrose, Boots as well as smaller boutique style outlets.

Tenure:

Grant of a new 15 year lease with 5 yearly rent reviews (TBC).

Rent:

£20,000 PAX.

Premium:

£10,000 ONO.

Business Rates:

Interested parties are invited to make their own investigation as to the rates they would pay and whether a small business discount or rate relief may be applied.

Conditions:

Ingoing tenant to be responsible for both parties reasonable legal costs.

Viewing:

Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT.

Please contact a member of our commercial team on 020 8444 3445.

Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.
4. All rent prices, fees and charges are quoted exclusive of VAT.
5. Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

Listed by

East Finchley-Commercial office

Martyn Gerrard

Reference: 33898247

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

67% since 1995

Event	Date	Price	% change
Sold	08/12/1998 (27 years ago)	£95,000	+31%
Sold	06/06/1997 (29 years ago)	£72,500	+27.2%
Sold	05/05/1995 (31 years ago)	£57,000	—

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
Same street 54 TOTTERIDGE LANE, LONDON, BARNET, GREATER LONDON, N20 9QJ	£335,000	12/12/2023	Terraced
1282 - 1284 HIGH ROAD, LONDON, BARNET, GREATER LONDON, N20 9HH	£1,150,000	18/11/2022	Other
1276 HIGH ROAD, LONDON, BARNET, GREATER LONDON, N20 9HH	£2,575,000	31/03/2022	Other
1325 HIGH ROAD, LONDON, BARNET, GREATER LONDON, N20 9HR	£700,000	18/03/2022	Other
35 TOTTERIDGE LANE, LONDON, BARNET, GREATER LONDON, N20 0HD	£15,400	27/10/2021	Other
34 ST MARGARETS AVENUE, LONDON, BARNET, GREATER LONDON, N20 9LJ	£22,000	30/07/2021	Other

Street average: £335,000 (1 sale)

Area average: £892,480 (5 sales)

Capital growth trend

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

5y growth -66.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Barnet. Series: All dwelling types. As of April 2026.

1y (index) -3.9%

5y (index) 2.5%

10y (index) 7%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: ENCHANTED FLORAL DESIGN LIMITED (09753428)

Rental Range

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

Low £1,741/mo

Realistic £1,934/mo

Optimistic £2,127/mo

Based on Local Authority from postcode lookup → Barnet.

LHA (30th percentile) floor for Peterborough: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View N20 9QJ

Nearby

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

Type	Name	Distance
Bus stop	Totteridge & Whetstone Station	0.0 miles
Train station	Totteridge & Whetstone	0.1 miles
Shop	Boots	0.1 miles
Shop	Charlies	0.2 miles
Train station	Oakleigh Park	0.7 miles
Hospital	Priory Hospital	2.6 miles
University	Flood Hazard Research Centre	3.6 miles
University	Middlesex University	3.6 miles
Hospital	North London Hospice Winchmore Hill	3.7 miles

Street-level crime

Category	Count
Violence and sexual offences	57
Anti-social behaviour	48
Vehicle crime	27
Shoplifting	20
Other theft	18
Burglary	9
Robbery	6
Drugs	5
Public order	5
Other crime	3
Theft from the person	2
Possession of weapons	1
Total incidents	201

Within 1 mile during May 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
St John's CofE Primary and Nursery School	Primary	0.3 miles	Good — 12 May 2012
Alma Primary	Primary	0.3 miles	Good — 5 Oct 2023
Queenswell Infant & Nursery School	Primary	0.4 miles	Good — 27 Jul 2023
Queenswell Junior School	Primary	0.4 miles	Good — 26 Feb 2014
All Saints' CofE Nursery and Primary School N20	Primary	0.5 miles	Good — 17 Oct 2014

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Griffin Lodge, N12	£1,500/mo	1	0.68 miles	OpenRent

Average rent: £1,500/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 89.98%

Max investor price (0.8%) £187,500

Target investor price (1%) £150,000

Gross yield 1079.8%

Cost-to-rent ratio 0.1×

Monthly cashflow £1,318/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 3272.7%

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).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).