2-bedroom flat · NW5 1AD
For saleListed 50 days
Opportunity summary
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About
The property is set along Fortess Road, nearest tube stations being Kentish Town & Tufnell Park (both Northen line) and close to Kentish Town Thameslink, local bus services, shops along Fortess Road, cafes and a walk to Parliament Hill Fields with Hampstead Heath beyond.
The Camden Town area is a bus ride away from Fortess Road for its amenities and attractions including Camden market alongside The Regents Canal The flat offers chain-free living accommodation and comprises a reception room with an open plan kitchen, two bedrooms (one with a fitted wardrobe) and a windowed bathroom.
Tenure: 125 Years Lease from 24th June 2013 ground rent: £350pa and increasing every 25 years from 2013 service charge: £4425.24 – Period 2025/26 for insurance, management and other communal charges Parking: We have been advised by the owners none, but when you have visitors you have to get permits from the council which you have to pay for - Unverified Utilities: The property is serviced by mains water, electricity, gas and sewage Broadband and Data Coverage: Ultrafast Broadband services are available via Openreach, G Network, Virgin Media, Hyperoptic, with a good level of mobile phone coverage depending on your service provider Construction Type: To be confirmed Heating: Gas Notable Lease Covenants & Restrictions: Not to use the Flat for any purpose whatsoever other than as a private residential flat.
No bird, dog or other animal shall be kept in the Demised Premises without the previous consent in writing of the Freeholder.
The Lessee will cover and keep covered the floors of the Demised Premises with carpet, wooden or other appropriate floor covering other than the floors of the kitchen and bathroom which shall be properly and suitably covered.
Council Tax: London Borough of Camden - Council Tax Band: D (£2,207.12 for 2026/27)
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 2, 55, Fortess Road, London
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