5-bedroom house · N22 5JN
Listing removedReduced £200k (−16.7%) on 25 AugListed 292 days
Opportunity summary
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About
**investment opportunity** Havilands are delighted to present this substantial, semi-detached property comprised of five self-contained flats, and situated on Lordship Lane, N22.
The property spans across three floors, with approx. 1,850 sqft of internal space plus a private rear garden. The property is offered with either tenants in situ, or on vacant possession.
Offering huge potential the property is currently made up of 2x one bedroom flats on the ground floor, 2x studio flats on the first floor and 1x one bedroom flat on the second floor.
Potential annual income of £76,800 in current condition - Property schedule outlined below: Flat 1 (Ground floor with courtyard) - Currently vacant with potential income of £1,350pcm 441 sq ft Flat 2 (Ground floor with garden access) - Long standing tenant on periodic tenancy at £900pcm.
Full value potential income of £1450.
595 sq ft Flat 3 (1st floor) - Currently vacant with potential income of £1200pcm 322 sq ft Flat 4 (1st floor) - Long standing tenant on periodic tenancy at £1025pcm.
Full value potential income of £1100pcm 258 sq ft Flat 5 (2nd floor) - Long standing tenant on periodic tenancy at £1250pcm.
Full value potential income of £1300 pcm 462 sq ft With full renovations completed throughout the building, the estimated income would increase to circa £100,000 pa.
Property is fully compliant with relevant licences and certifications. Please note only being sold as a freehold unit, not separate flats Tenure: Freehold Local Authority: Haringey
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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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.
Area
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FAQ
About 686, Lordship Lane, N22
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