2-bedroom flat · NW2 5NJ
For saleReduced £30k (−7.1%) on 13 OctListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Portland Estate Agents are delighted to showcase this well-presented two bedroom apartment offers a superb combination of modern style and comfortable living, ideally situated on the sought-after Deacon Road and within easy reach of excellent local amenities and transport links.
The property features a bright and spacious reception room, providing the perfect setting for both relaxing and entertaining, with ample space for dining.
The kitchen is well-designed with space to eat-in, generous worktop space and plenty of storage, catering effortlessly to the demands of modern living.
Both bedrooms are well-proportioned and filled with natural light, offering versatile accommodation for first-time buyers, professionals, small families, or those requiring a dedicated home office.
Conveniently located, the apartment is close to a variety of local shops, cafés and everyday amenities, while nearby transport connections provide easy access into Central London and beyond.
Offered in good condition throughout, this fantastic home presents an excellent opportunity for buyers seeking a well-connected property in a popular residential location.
EPC Rating: C Disclaimer If your offer is accepted, we are legally required to complete compliance checks before issuing a Memorandum of Sale.
This includes verifying identity, carrying out anti–money laundering (aml) checks, and confirming proof of funds/deposit.
These checks are carried out securely via our compliance platform, at a one-off cost of £50 (including VAT).
The fee covers the entire transaction (all buyers) and goes towards the cost of completing these mandatory checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About 111 Deacon Road, London
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