2-bedroom flat · N12 0ET
For saleReduced £10k (−2.2%) on 6 OctListed 323 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bright and Spacious Ground Floor Two Bedroom (863 sqft) flat with a Private Garden. Chain Free!
With a large main bedroom (19ft) and a large living room (20ft) this property boasts a larger than average floorplan with over 850 sqft of accomodation.
There is potential to make the property even bigger by building a rear extension which would easily take the size to over 1000 sqft and create a 3rd bedroom, subject to the usual consents.
The property is located on Ballards Lane, near to the big Waitrose and therefore close to the shopping facillites of North Finchley with its range of restuarants, bakeries and the bus station.
West Finchley is your nearest tube station being 0.4 miles away, with Woodside Park tube station being 0.5 miles away.
St Michael's Grammar School, Moss Hall, The Wren Academy and Woodhouse College are all within close proximity. Virtual tour available Length of Lease: Tbc Service Charge: Tbc Ground Rent: Tbc
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 278A, Ballards Lane, London
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