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See how verdicts work2-bedroom flat · N5 1BN
For saleReduced £55k (−8.5%) on 9 SepListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a desirable position within the ever-popular Avenell Mansions, this beautifully bright two-bedroom apartment is situated on the top floor and offers generous proportions, an abundance of natural light and, as it comes to the market on a chain-free basis, presents an exceptional opportunity to purchase a home in the heart of Highbury.
Flooded with sunlight throughout the day, the apartment enjoys a wonderfully airy feel, with large sash windows framing attractive leafy views and allowing light to pour into every principal room.
The spacious reception room is particularly impressive, offering an inviting space to relax or entertain while enjoying the peaceful outlook.
Both bedrooms are well proportioned and filled with natural light, creating calm and comfortable retreats. The separate kitchen is generously sized, with excellent storage and ample workspace.
While perfectly functional, it would benefit from cosmetic upgrading, giving buyers the exciting opportunity to modernise the space and tailor it to their own taste without the need for extensive renovation.
A well-appointed family bathroom completes the accommodation.
The property has been lovingly maintained over the years, and its bright interiors, excellent layout and scope to add value make it an especially appealing prospect for first-time buyers looking to secure a home in one of North London's most desirable neighbourhoods.
Perfectly positioned on the sought-after Avenell Road, the apartment is just moments from the open spaces of Highbury Fields, with Arsenal Underground and Drayton Park stations close by, providing excellent transport links.
The vibrant cafés, restaurants and boutiques of Highbury and Upper Street are also within easy reach.
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
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FAQ
About Flat 10, Avenell Mansions,, Avenell Road, London
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