1-bedroom flat · N2 9BQ
For saleListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Fantastic 557 sqft One Bedroom Church Conversion with private garden that comes with Share Of Freehold and Low Service Charge.
This lovely one-bedroom ground floor apartment is sure going to “tick the boxes”.
With your very own private outdoor space, a share of the freehold, low service charge (£880 per year) and no ground rent, this is perfect for First Time buyers.
The living/dining room has plenty of natural light thanks to the six beautiful original windows. The fitted kitchen is semi open plan and has plenty of natural light too.
The Bedroom is dual aspect, with a window on one side, and a door to the garden on the other. Behind the window is still part of the private garden.
The area has decking and there is also shed there along with a gate providing side access. The garden is a real highlight of the home and it’s what makes this property stand out.
It’s a sunny and tranquil space. It faces South making it the perfect place to unwind and enjoy al fresco evenings.
The bathroom is located off the hallway which is quite a good size with the current owner previously utilising the space in the past to create a home office. There is also a storage cupboard.
There is gated parking behind the building, and an allocated parking space comes with the property.
The property will be sold with a Share Of The Freehold, has a low service charge of £73.32 per month (£879.84 per year) and no ground rent.
Ashlar Court is a stunning Grade II listed Church built in 1902 located towards the top end of Creighton Avenue, close to the High Road with its excellent selection of local shops, cafes, and transport facilities including East Finchley Tube Station (Northern Line) providing quick access into central London.
Nearby schools include Martins, Holy Trinity, Eden, Coldfall, Tetherdown along with The Archer Academy and Fortismere. Chain Free!
Tenure: Leasehold with Share Of Freehold Length of lease: 87 Years Unexpired Service Charge: £879.84 pa Ground Rent: £0 Council Tax Band D EPC: D
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
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.
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.
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.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
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.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Flat 3, Ashlar Court, 270, Creighton Avenue, London
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