Studio flat · N19 4DD
Sold STCListed 24 daysAuction 13 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under The Hammer online auction on Tuesday 13th October 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Tenanted Long Leasehold Studio Flat situated on Holloway Road in Upper Holloway, within the London Borough of Islington.
The flat is let at £1,150 per calendar month (£13,800 per annum), making it a ready-made income investment for cash buyers seeking a foothold in north London.
The accommodation briefly comprises a studio room with kitchenette and a shower room with WC, on the top floor of a converted period building.
The property benefits from electric heating and double glazing.
It is held on a long lease of approximately 900 years, with a service charge of approximately £600 per annum and no ground rent; purchasers should verify the lease terms in the legal pack.
The building fronts Holloway Road and there is no private outside space or parking.
Upper Holloway Overground station is about 0.3 miles away and Archway Underground station on the Northern line is about 0.55 miles, with Tufnell Park a short walk further.
Yerbury Primary School is about a quarter of a mile away and City of London Academy Highgate Hill lies within a mile.
Whittington Park is around the corner, the Whittington Hospital is about 0.7 miles, and the shops of the Nag's Head are about half a mile south.
Frequent buses run along the A1 Holloway Road towards King's Cross, around 2.5 miles away, and the M1 at Staples Corner is about 5 miles north-west.
Here's what to do next Visit - Our website and view the auction terms. View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date.
Legal Pack - Download and view the legal pack to find out all the relevant information. Prior Auction Offer - Want it now? Submit a prior auction offer through our website.
All offer's go direct to the seller. Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
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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 starting price
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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 12, 489 Holloway Road, Flat 12, 489 Holloway Road, London
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