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See how verdicts work2-bedroom flat · NW3 4LD
For saleListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial ground floor garden apartment extending to approximately 1,623 sq ft (150.87 sq m), occupying the ground floor of an attractive white stucco-fronted period building on Belsize Park Gardens.
The property benefits from excellent proportions throughout, together with a private rear garden, considerable scope to extend and renovate subject to the necessary consents.
The accommodation is arranged around a spacious entrance hall, leading through to a large 25' x 16' reception room at the rear of the property.
The reception room has direct access to the private garden, creating a good connection between the principal living space and outside area.
Beyond the reception room is the existing kitchen, while the apartment also provides two substantial double bedrooms, two bathrooms and a useful amount of storage.
The principal bedroom is particularly generous, measuring approximately 25'6 x 16', with the second bedroom measuring approximately 18'3 x 11'3.
The current layout provides well-proportioned accommodation, although the property is now in need of renovation and modernisation throughout.
There is clear potential to reconfigure the existing accommodation to create a more contemporary layout and, subject to the necessary planning permission and freeholder's consent, the apartment could potentially be converted to provide three bedrooms.
There may also be scope to extend the property, subject to the relevant consents.
The combination of the substantial footprint, generous ceiling heights, existing garden and lower ground floor position gives the property considerable flexibility for a purchaser looking to undertake a comprehensive refurbishment.
The location is particularly well placed for the amenities and open spaces of Belsize Park and the surrounding area.
Belsize Park Underground Station is approximately 0.3 miles away, providing access to the Northern Line, while Swiss Cottage Underground Station is approximately 0.6 miles away on the Jubilee Line.
Hampstead Heath is approximately 0.6 miles away, with Primrose Hill approximately 0.5 miles away, offering extensive green space close to home.
The apartment is also within easy reach of Belsize Village, with its independent shops, cafés and restaurants, while England's Lane provides a further popular selection of restaurants, cafés, food shops and everyday amenities.
The wider range of shops and amenities along Haverstock Hill is also close by, providing a convenient selection of everyday essentials, independent businesses, cafés and restaurants.
Date of commencement of Lease: 25 March 1981 Original Length of Lease: 999 year Current Ground Rent: £0 Service Charge: £2784.62 Council Tax Band: G
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.
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FAQ
About 16A, Belsize Park Gardens, London
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