1-bedroom flat · NW4 4EW
For saleReduced £30k (−20%) on 21 AugListed 414 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Winkworth are delighted to present this bright and well-maintained one-bedroom retirement flat, exclusively for residents aged 60 and over, set within a popular development in the heart of Hendon, NW4.
Built in 1987, the scheme comprises 45 flats in a mix of one and two-bedroom homes, designed to offer both comfort and community.
This particular flat provides a spacious reception room, a fitted kitchen, a well-sized double bedroom, and a modern bathroom, making it both practical and inviting.
The development benefits from an excellent range of on-site facilities, including a lift, communal lounge, laundry room, guest accommodation, hobby room, and activities room.
There is resident management staff on site part-time, supported by a Careline alarm service for additional peace of mind.
WiFi is available in communal areas, and the beautifully maintained gardens provide a pleasant outdoor space for residents. Pets, including cats and dogs, are generally accepted with prior approval.
The location is exceptionally convenient, with a bus stop just 27 yards away, local shops within 30 yards, a post office 58 yards away, and the town centre only 65 yards from the development.
A gp surgery is within half a mile, and a local social centre is just two miles away.
This welcoming and supportive environment, combined with superb facilities and an unrivalled central Hendon location, makes this one-bedroom retirement flat an excellent opportunity for those seeking a secure and friendly place to call home.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Flat 28,, Ferrydale Lodge, Hendon
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