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See how verdicts workStudio flat · NW4 3DG
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Graham Lodge is a freehold purpose built residential block of 18 flats – 10 of which are held on long leases, are let and will be included in the sale. The other 8 are sold on long leases.
We are advised by the owners the block was originally built in the mid 1960’s with 4 flats added to the roof in 2004.
There is off street parking to the front of the property and a large communal garden to the rear.
Graham Road is located approximately just 0.3 miles from Hendon Central (Northern Line) Underground Station and only 0.4 miles from Hendon Thameslink overground station giving access to Euston in about 20 mins and Bank in 30 mins, making it an ideal base for City and West End commuters.
Nuffield Health Gym is around 0.2 miles away, the leisure amenities of Hendon Park are 0.3 miles away, Brent Cross Shopping Centre 0.6 miles and multiple bus connections are located within just a few hundred metres of the property.
Offers are invited for the freehold interest and the 10 flats held on long leases, subject to contract and existing occupations, at the guide price of £3,850,000 only to owner’s agents Jeremy Leaf & Co who can arrange viewings strictly by appointment only.
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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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 Graham Road, Hendon, London, NW4
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