2-bedroom flat · NW7 3AZ
For saleReduced £25k (−4.8%) on 21 JunListed 435 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Joseph Scott Presents: A well-presented two double bedroom, two bathroom (one en-suite) ground floor apartment in the popular Lofts development in Mill Hill.
The property features a Manhattan loft-style design with exposed brickwork, high ceilings (approx. 12ft), and large windows providing excellent natural light.
Accommodation includes an open-plan kitchen/living/dining area with Miele appliances, a principal bedroom with en-suite, a second double bedroom, and a separate bathroom.
Additional benefits include underfloor heating, lift access, entryphone system, and secure gated parking. Located around half a mile from Mill Hill Broadway’s shops and Thameslink station.
Leasehold with approx. 989 years remaining (from 01/01/2016). Ground Rent: £300 per annum. Service Charge: £3,305 per annum. Council Tax Band F. EPC Rating: C Parking - Secure Gated
Value & comps
No previous sales on record.
Returns
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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 9, Lofts Apts, London
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