3-bedroom flat · N1 2PG
Sold STCListed 326 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious lateral apartment with a private garden has approximately 1321 sq ft of internal accommodation, offering a fantastic opportunity to refurbish and reconfigure to suit the buyer.
There is the potential for three bedrooms, with three bathrooms and a spacious kitchen, which has the access to a balcony and lovely private garden.
Located in the heart of Canonbury, this residential area has amenities on the door step and just a short walk away from Highbury, Stoke Newington and Angel.
Raised ground floor: - Approx 1321 sq ft - Potential for three bedrooms - Three bathrooms - Spacious reception room - Separate kitchen - Balcony leading to private garden - 999 year lease - Low service charge - Share of freehold There are excellent transport links, just moments away from Canonbury station for the overground as well as being just 0.6 miles away from Highbury and Islington station for the Victoria Line.
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
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 advisors 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
Agent & docs
FAQ
About Wallace Road, London, N1,
Explore nearby
