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See how verdicts work2-bedroom flat · NW3 7SL
For saleReduced £45k (−2.7%) on 21 JunListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exceptionally generous two bedroom apartment occupies the first floor of an elegant period conversion and is presented for sale in outstanding condition throughout.
The property is presented in immaculate condition and offers generously proportioned accommodation with an emphasis on space, light and quality finishes.
The apartment features a substantial reception room which opens directly onto an enviable 19' x 16' rear terrace, featuring beautiful decking and lighting providing the idyllic spot for al-fresco dining and entertaining.
Additionally, the apartment comprises a superb kitchen and dining space fitted with Gaggenau & Miele appliances and marble work surfaces.
The principal bedroom benefits from a stylish ensuite shower room and a walk-in wardrobe.
A second bedroom of impressive proportions, measuring approximately 21' x 16', also enjoys access to a large private balcony.
Additional accommodation includes a spacious hallway, a family bathroom and a separate utility room.
Further advantages include high ceilings throughout, natural wood flooring within the kitchen/dining room, a full alarm system and a long lease.
The layout also offers the potential to be reconfigured into a three bedroom apartment, subject to the usual consents from the freeholder. Reception Bedroom Bedroom Bedroom Kitchen
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
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FAQ
About First Floor Flat, 17, Heath Drive, Hampstead
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