Monarch Point

Monarch Point in Friern Barnet

Monarch Point is a newly constructed residential development at 45–47 Friern Barnet Road, London N11 3EG. The project is presented as a freehold residential investment opportunity and comprises a five-storey building with 31 private self-contained apartments. It is positioned in Friern Barnet within the London Borough of Barnet, offering a practical North London location with strong transport links, local amenities and access to green spaces.

The development comprises 18 one-bedroom, 8 two-bedroom, and 5 three-bedroom apartments, with a total net saleable area of approximately 1,941 sq m (20,893 sq ft). For a buyer or investor reviewing new homes in North London, Monarch Point offers a completed residential block with a clear unit mix, private outdoor amenity space for all apartments, and an estimated rental value of around £750,000 per annum.

Location and Transport Connections

Monarch Point is located on Friern Barnet Road, with New Southgate Railway Station around 300 metres, or 0.2 miles, to the south. The station provides direct access to key Central London destinations, including London St Pancras in around 14 minutes, Farringdon in around 18 minutes, and London Blackfriars in around 23 minutes via Thameslink. This level of rail connectivity is a key advantage for residents who commute into central business and employment districts.

Arnos Grove Underground Station is located approximately 800 metres, or 0.5 miles, to the east and provides Piccadilly Line connections to destinations such as Covent Garden, Leicester Square, and Knightsbridge. The property also benefits from nearby routes to the North Circular Road, supporting access towards the M1 and M25. The map in the brochure shows the site positioned between New Southgate and Arnos Grove, giving residents a choice of rail and Underground options.

Apartments, Layouts, and Accommodation

The accommodation schedule shows a balanced mix of apartment sizes across the ground, first, second, third, and fourth floors. One-bedroom apartments range from approximately 45 sq m to 50 sq m, while two-bedroom apartments are listed from around 70 sq m to 80 sq m. Three-bedroom apartments provide larger layouts of approximately 91 sq m to 100 sq m, making the scheme suitable for different resident profiles, from single occupants and couples to families.

All apartments benefit from private outdoor amenity space and Bosch appliances fitted throughout. The brochure also includes floorplan pages for one-bedroom, two-bedroom, and three-bedroom accommodation, showing layouts arranged around open living areas, kitchens, bathrooms, bedrooms, and private terraces or balconies in selected units. The property includes 9 car parking spaces, including two electric car charging points.

Planning, Tenure and Investment Structure

Planning permission was originally granted in May 2023 for the demolition of the existing building and redevelopment of the site to provide a new five-storey building with 32 self-contained residential units, car parking and cycle parking. A non-material amendment later reduced the scheme to 31 self-contained units. The development was described as 85% through construction, with practical completion due by the end of April 2025.

The scheme currently includes 4 Shared Ownership units, all one-bedroom apartments, although correspondence is ongoing with the local authority to convert these to private tenure through a payment in lieu expected to be in the region of £150,000, to be settled by the existing vendor. There is also an outstanding planning application for an additional floor comprising 5 further one-bedroom units, which would increase the gross internal area by 342 sq m, or 3,681 sq ft.

Local Amenities and Residential Appeal

Friern Barnet Village is within a short walk and provides grocery shops, cafes, and convenience stores. For broader shopping and dining needs, North Finchley High Road offers supermarkets, restaurants, and retail options. This creates a practical everyday setting for residents who want local services close to home without relying fully on central London.

The surrounding area also provides access to natural green space, with Friary Park and Bethune Park both located within a mile of the building. This combination of transport, local amenities and parks supports the residential appeal of the property and may strengthen rental demand. For those looking to buy or assess a property investment in Barnet, Monarch Point offers a clear income-led opportunity with a modern apartment mix and vacant possession.