2-bedroom flat · NW3 4BN
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering a handsome period styled building, The Porticos was redeveloped circa 30 years ago by an award winning development company Chalgrove Properties Limited.
Two pairs of substantial Victorian residences were originally built by William Willett in the early 1870's.
After the redevelopment, Chalgrove chose to replicate the build to as near to the original facades as it was possible to provide an attractive terrace, sympathetic of the street's architecture, and set back from the main avenue itself on a private road.
The valuable addition of a large underground parking garage accessed by a lift from inside the block provides a much sought after feature.
This first floor home provides 2/3 bedrooms, 1/2 reception rooms and 2 bathrooms and offers excellent proportioned rooms with views both to the front and rear aspects.
The sizeable roof terrace accessed directly from the reception room overlooks the rear gardens whilst enjoying the afternoon and evening sunlight.
The interior of the flat offers excellent space to include a double reception room spanning the full width of the apartment providing amazing entertaining apace for friends and family gatherings, 2 bathrooms (1 en-suite) and a separate kitchen with plenty of space to cook and socialise.
The neutral colour tone decoration throughout is well presented and would only be further enhanced with a cosmetic redecoration.
Featuring a wonderful village lifestyle, the apartment could not be more conveniently located.
Benefits and delights on Haverstock Hill and in Belsize Village offer stylish boutique cafes, shops and popular restaurants, creating a real 'local' community.
In addition, Hampstead Village and South End Green Village, with their fashionable shopping, trendy eateries and picturesque pubs are available to enjoy.
Belsize Park underground station on the Northern Line is located just 0.2 of a mile and only several stops to London Euston mainline station and Kings Cross and St. Pancras Eurostar.
Swiss Cottage and Finchley Road stations (Jubilee and Metropolitan lines) are also available (0.7 of a mile) offering extensive additional transport links into the city together with an array of shopping and local amenities.
Great places to relax include Hampstead Heath and Primrose Hill, providing wonderful open spaces. A home that offers a rare blend of location, parking and outdoor space!
Term: Share freehold 999 years from March 25th 1996 (969 years) Service charge: 2026 £8314 p.a. (including £1000 reserve fund) Ground rent: £100 P.A. EPC rating: C
Value & comps
No previous sales on record.
Returns
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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 Flat 1-3 & 3a & 5-8 & 17, The Porticos 53-59, Belsize Avenue, LONDON
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