1-bedroom flat · N20 9PQ
For saleListed 652 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom, first floor retirement flat (minimum age 60).
The property lies within a third of a mile of the shopping and transport facilities along Whetstone High Road - including Marks & Spencer and Waitrose Supermarkets.
There are bus stops on either side of the High Road and a zebra crossing to the front of the block.
Features and accommodation ● 1 Bedroom ● Reception ● Kitchen ● Shower Room ● Double Glazing ● Resident’s lounge with kitchenette and patio area.
● Communal laundry room with washers, dryers, a sink and ironing board ● Guest suite available for visitors (at cost, must be pre-booked).
● Communal Gardens ● Off Street Parking ● House manager – and ‘Careline’ emergency system in place ● Minimum age requirement of 60 Communal ground floor entrance lobby leading to hallway, with lift and stairs rising to first floor landing.
Front door of flat opening to; Entrance Hallway - Storage heater, emergency Careline panel, cupboard housing electrical fuses, large linen cupboard with hot water cylinder & doors opening to; Reception - Storage heater, Careline emergency pull cord, double glazed window to front and pair of glazed doors opening to; Kitchen - Range of wall and base units with worktop, stainless steel sink and with mixer taps, space for fridge, space & plumbing for washing machine, electric hob with hood above, built in electric oven, partially tiled walls, vinyl flooring, wall mounted fan heater and double-glazed window to side.
Bedroom - Fitted wardrobe, Careline emergency pull cord, electric storage heater and double-glazed window to front.
Shower Room - Wide walk-in shower enclosure, sink set on vanity unit, low flush WC, tiling to walls, air extractor unit, fan heater, Careline emergency pull cord, vinyl flooring.
Tenure: Leasehold 125 year from 1st June 1994 Ground Rent Vendor advises - £516 pa Service Charge Vendor advises - £3,421 pa
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
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FAQ
About 26, Farnham Close, London
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