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See how verdicts work2-bedroom flat · N1 3HW
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An elegant two bedroom apartment with a south facing terrace.
Description Set on the top floor of a converted former public house, this beautifully presented two-bedroom apartment offers approximately 700 sq ft of bright and well-proportioned accommodation.
Large windows throughout allow for excellent natural light, creating a particularly refined and airy living environment.
The heart of the home is a spacious dual-aspect open-plan kitchen, reception and dining room, featuring an attractive exposed brickwork wall and direct access to a private, south-facing terrace.
Electric blinds are fitted to the windows, enhancing both comfort and convenience.
The terrace is thoughtfully finished with composite low-maintenance decking and integrated LED lighting, providing a stylish and highly private outdoor space, enclosed by mature walls.
The kitchen is well appointed with Dekton stone worktops, a breakfast bar, a full-size fridge and separate freezer, as well as an InSinkErator, offering both practicality and a clean, contemporary finish.
There are two well-proportioned double bedrooms, including a second bedroom with a large fitted mirrored wardrobe.
The bathroom is finished in full marble tiling and benefits from underfloor heating, which, along with the kitchen underfloor heating, is controlled via a Nest thermostat.
Further benefits include bike storage on the ground floor and on-street parking. The property is situated on an extremely quiet residential road, yet remains well positioned for local amenities.
The property is offered with a share of freehold, alongside four other apartments within the building. The property is share of freehold with four other properties in the same building.
Location Almorah Road is an attractive tree lined street in East Canonbury conservation area, within 0.6 miles to the Haggerston overground, plus the wonderful bus routes on Essex Road, Upper Street, Kingsland Road and Angel.
Close to the bustling shops and restaurants at Southgate Road, with its village-like atmosphere.
The property has great access to the transport connections - Essex Road Station provides a direct link to Old Street and Moorgate whilst Angel and Highbury & Islington Stations are within 1.1 miles.
Frequent buses also provide access to the City and West End. All distances are approximate. Square Footage: 698 sq ft
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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.
Area
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FAQ
About Flat 4 Downham Lodge, 2 & A Half,, Almorah Road, London
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