1-bedroom flat · NW3 5SD
For saleReduced £40k (−7%) on 21 JunListed 272 days
Opportunity summary
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About
* Investment sale sold with tenant in situ. Circa 5% yield, more information on request.
* An excellent newly refurbished one bedroom apartment (452 sq ft/ 42 sqm) situated on the second floor of an elegantly restored Victorian residence on Maresfield Gardens.
This fantastic apartment provides stylish internal space with many individual designer elements creating a sophisticated property finished to the highest specification including carrara marble in the kitchens, polished plaster to the bathrooms, underfloor heating, double glazed sash windows and wooden flooring throughout.
The communal entrance hall and staircase leading to the apartment has been painstakingly restored to reflect the building’s grand history.
This beautiful apartment comprises a generous open plan kitchen / living / dining room with bespoke fitted kitchen with attractive views, a principal bedroom and a shower room with natural marble floor and polished plastered walls.
Hampstead and Belsize Park are renowned for their excellent schools, with many within walking distance of this imposing building.
Maresfield Gardens is a highly desirable tree lined street superbly located for the fashionable cafes and boutiques of Hampstead Village and Belsize Village.
Abundant nearby transport links include Finchley Road Tube (0.3m Jubilee Line/Metropolitan), Hampstead Tube (0.7m Northern Line), Swiss Cottage Tube (0.5m Jubilee Line) and Finchley Road & Frognal Overground (0.4m) as well as numerous buses to central London and London’s airports.
Leasehold Date of Commencement of Lease: July 2023 Term: 999 years Service Charge: Pay approximately 10% for flat 3 Ground Rent: Peppercorn Council Tax band E
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.
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FAQ
About Flat 3, 21, Maresfield Gardens, London
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