1-bedroom flat · NW11 7SB
For saleReduced £30k (−11.8%) on 21 JunListed 739 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment (over 60's) with a house manager on site Mondays to Friday, parking and communal gardens.
Description A bright and attractive third floor one bedroom apartment within this popular block for those over 60 years old only.
There is a spacious reception room, separate kitchen, shower room and large bedroom. The flat is very well presented with attractive views towards Golders Hill Park.
The building has undergone significant improvements with well appointed communal areas, two modern lifts and bright and well lit corridors. N.B.
There is a guest suite available in the building which is available on a nightly basis for a fee.
The flat comes with an off street parking space (not allocated) and also has a House Manager on site Mondays to Friday Location This purpose built block is conveniently situated for access to the wide array of cafes, shops and restaurants that both the Finchley road and Golders Green have to offer.
The green open spaces of Golders Hill Park and Hampstead Heath beyond are less than 200 metres away. Golders Green bus and Underground Station (Northern Line) are approximately 500 metres away.
Square Footage: 534 sq ft Leasehold with approximately 59 years remaining. Additional Info The value of an on-site manager cannot be overstated.
From Monday to Friday, the manager ensures that the development's communal areas are well-kept, lends a familiar helping hand, and contributes to a sense of security and stability.
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
Agent & docs
FAQ
About Flat 38, Heathside, 562, Finchley Road, London
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