# 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)