6-bedroom terraced house · N15 4SL
For saleReduced £25k (−2.9%) on 24 SepListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a six-bedroom HMO investment situated on Grove Park Road, N15, set over approximately 1,442 sq ft and currently producing a gross rental income of £6,200 per calendar month , equivalent to £74,400 per annum The property is arranged over three floors and comprises six individual rooms, each benefiting from its own en-suite bathroom and small kitchen area , together with a communal kitchen providing additional facilities for residents.
The accommodation is well suited to the professional lettings market, offering tenants the benefit of private en-suite facilities and individual living spaces alongside communal accommodation.
The floorplans show the property arranged over the ground, first and second floors. The ground floor includes two en-suite rooms, a communal kitchen, storage and additional external areas.
The first floor provides a further three en-suite rooms, while the second floor comprises the sixth en-suite room.
With a current rental income of £6,200 pcm , the property generates £74,400 per annum Location & Transport Grove Park Road is situated within the popular N15 area of North London , offering excellent access to a wide range of local amenities, transport links and leisure facilities.
Seven Sisters Underground and railway station is within easy reach, providing access to the Victoria Line , offering fast connections into central London, as well as rail and London Overground services.
Tottenham Hale is also nearby, providing further excellent transport connections, including Underground, rail and Overground services, as well as the Stansted Express The surrounding area offers a diverse selection of shops, cafés, restaurants and everyday amenities, with West Green Road and Seven Sisters providing a particularly convenient range of facilities for residents.
Green Spaces The property also benefits from access to a number of green spaces, providing a welcome balance to its convenient London location.
Downhills Park and Lordship Recreation Ground are both within easy reach, offering open green spaces, walking routes and recreational facilities.
Finsbury Park , Chestnuts Park and Woodberry Wetlands also provide further opportunities for outdoor leisure and recreation. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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 35 Grove Park Road, London
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