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    1. Home
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    3. 2 bed flat to rent in Water Lane, London NW1
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    Water Lane, London, NW1 8NZ

    2-bedroom flat · NW1 8NZ

    900 sq ft2 baths
    Asking rent
    £4,000/mo

    To rent · Listed 2 days

    Investor metrics
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    Opportunity summary

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    About

    The property

    Utilities package: fixed price on top of rent - includes water, electricity, wifi, TV licence and cooling. The only additional charge is council tax.

    Live in the vibrant heart of Camden Market in one of our bright two-bedroom, two-bathroom Classic apartments at Camden Lock Residences, offering the perfect blend of tranquillity and dynamic charm.

    Set in one of London's most iconic locations, the building provides unrivalled access to world-famous street food, independent boutiques, live music venues and excellent transport links.

    These generously proportioned apartments, at a minimum of 900 sqft, enjoy elevated skyline views over Camden and beyond, each with a private balcony off the main living space.

    Homes are finished with premium materials throughout, arranged around a larger open-plan living, kitchen and dining space designed for both everyday living and entertaining.

    Both bedrooms are well-proportioned doubles, with the master bedroom benefitting from its own en-suite bathroom, and the second bedroom served by a well-appointed family bathroom - big enough for sharers, couples or families.

    With Camden Town and Chalk Farm stations just minutes away, these homes are ideal for professionals or creatives looking to experience London's energy while enjoying comfortable, quiet living behind closed doors.

    Regent's Canal is just a few steps away, leading one way to the rural greenery of Regent's Park and the other to the more urban King's Cross and Islington.

    Residents benefit from on-site work-from-home lounge space, in partnership with LABS**. A concierge is on-site between 8am and 8pm for convenience and safety, alongside 24-hour security.

    Pets are welcome. Availability of these two-bedroom apartments varies. Please call us to check up-to-date, live availability at the time of enquiry.

    The floorplan included is for illustration purposes only, representing a generic two-bedroom, two-bathroom Classic apartment.

    The exact apartment available will also depend on availability at the time of enquiry. **Partnership amenities with LABS will incur additional charges.

    Key information

    Furnished state
    Furnished or unfurnished, landlord is flexible
    Floor area
    900 sq ft
    Local authority
    Camden
    London Borough
    County
    Greater London Authority
    Sign up free to see flood risk and more→

    Value & comps

    How does the rent compare?

    No previous sales on record.

    Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

    Returns

    What does it return?

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    Short-let restrictions apply

    • Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
    • England: a national short-term let register is being introduced; register the property before letting.

    We're still gathering serviced-accommodation data for this area.

    Model

    Run the numbers.

    Strategy: R2R · full calculator
    R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit
    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

    Deal

    Is it a deal?

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    Archie’s verdict
    PursueArchie has scored this property.
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    Article 4No HMO Article 4 held

    HMO Conversion Potential

    Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
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    Location
    More market detail▾
    NW1 · Live market data · flat only
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    No rent comps
    2-BED · THIS
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    No rent comps
    3-BED
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    4-BED
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    5+ BED
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    No rent comps

    NW1 2-bed rent distributionNo matching rent comps

    Not enough rental comparables to build a distribution yet.
    Rent trend · NW1
    Rental price history isn't available yet — coming soon.

    Market signals · NW1

    NW1 capital-side aggregates aren't available right now — only rental signals shown above.
    Rental data from active Rightmove / Zoopla lets + PAID rental model. Refreshed daily.Open full rental comparables →

    Agent & docs

    Move it forward

    Listing agent
    Right Now Residential, London logo
    Right Now Residential, London
    listed on rightmove
    02046345265
    2nd Floor, 24 Southwark Bridge Road, London, SE1 9HF
    View on rightmove

    View more properties from this agentIs this your home? Ask us to remove this listing
    Planning & investor docs
    Nearby planning applications, EPC, floor plans, Land Registry and HMO checks unlock with a free trial.

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    FAQ

    Questions

    About Water Lane, London, NW1

    How much is Water Lane, London, NW1?
    The asking rent is £4,000 a month.
    What kind of property is Water Lane, London, NW1?
    A 2-bedroom flat in NW1 8NZ.

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