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See how verdicts work2-bedroom flat · NW6 5NT
For saleReduced £8k (−2.1%) on 27 JulListed 310 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented, newly modernised 2 bed apartment nestled on the second floor of this well positioned, Neo-Tudor building, erected on the historic site of 10a Mortimer Crescent, famously associated with George Orwell.
What this apartment lacks in size it more than makes up for in its elegance. The eye catching new design focuses on liveability, social interaction and luxury with an abundance of storage space.
The beautiful and spacious living area features an open plan kitchen / lounge with a separate nook for reading or working and is described as "warm", “sophisticated” and a "really nice space".
The luxurious bathroom features a generous wet room with multiple shower options including body-jets.
The main bedroom (double) features a built in wardrobe and a raised king size bed platform with generous storage or children’s play space underneath.
The second bedroom (single) also works as a perfect office space.
The building freehold was bought by the leaseholders in March 2023, simultaneously bringing down the once exorbitance service charges and raising the living standards for leaseholders and tenants alike.
The building has undergone extensive rejuvenation work which is most evident in the stylish new reception area. Heating and hot water is provided communally and included as part of the service charge.
Residents also enjoy access to the well-kept private gardens, additional storage facilities on the top floor and a full time porter.
The St John's Wood / Kilburn Park local area boasts innumerable shops, restaurants, and transport options including train, tube and a dozen different bus routes, all within a few minutes’ walk.
The apartment is a perfect investment, city residence for a small family, young professionals looking to entertain or as a rental property with exceptional yield potential.
Property Ownership Information Tenure Leasehold Council Tax Band B Annual Ground Rent £50.00 Ground Rent Review Period No review period Annual Service Charge £3,311.64 Service Charge Review Period Every 1 year Lease End Date 01/01/3021 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 97, Hillsborough Court, Mortimer Crescent, Hillsborough Court, London
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