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See how verdicts work2-bedroom flat · N1 7GQ
For saleReduced £12.5k (−5.3%) on 11 AugListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Nestled within a modern and exceptional development, this exquisite two-bedroom apartment on the second floor exudes a remarkable charm.
Bathed in natural light, its open-plan living area seamlessly merges with a contemporary kitchen, creating a spacious and luminous ambiance.
The generously sized hallway leads to a master bedroom adorned with built-in wardrobes and a stylishly appointed family bathroom, a generous sized second bedroom with built in wardrobes and a larger then average family bathroom.
This property includes 1 allocated private underground parking space.
Noteworthy features include an energy-efficient heating system, underfloor heating, convenient lift access, access to leisure facilities, and an expansive communal roof terrace.
Located in a prime location, this development offers close proximity to a diverse array of shops, cafes, and restaurants.
Seamless transportation is provided by the nearby Angel and Old Street Underground stations on the Northern Underground line. Shared ownership (Advertised price represents a 25% share.
Full market value £950,000). Key points: Housing Association: A2dominion Homes Ltd Tenure: Leasehold 114 years (125 years from 2015). Minimum Share: 25% (£237,500).
Shared Ownership Rent: £704.21 per month (subject to annual review). Service Charge: £461.09 per month (subject to annual review). Ground Rent: N/A Council Tax: Band F, London Borough of Hackney.
Key features: Guideline Minimum Deposit £23,750 2nd Floor (building has a lift) Approx. 987 Sqft Gross Internal Area Energy-efficient heating system Close to Angel/Old Street Underground
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
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FAQ
About 2.1 The Saddler Building 24, Wharf Road, London
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