We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · HA8 8JZ
Listing removedReduced £15k (−4.5%) on 20 JunListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Joseph Scott Presents A well proportioned two bedroom, two bathroom retirement property offering bright and practical accommodation with further potential to personalise, set within a peaceful development for residents aged 60 and over.
The property benefits from double glazing throughout and well maintained communal surroundings. Only 0.7 miles to Edgware station (Colindale avenue).
The internal layout comprises a welcoming hallway with useful storage cupboards, leading through to a generous reception room with direct access to a private balcony.
The separate kitchen is positioned to the side of the property and provides a practical arrangement with integrated appliances, ample storage and good worktop space.
The second bedroom can be accessed both from the hallway and via double doors from the reception room, and is currently arranged as a dining area, offering flexibility depending on individual needs.
The principal bedroom offers excellent proportions and fitted wardrobes, along with a stylish fully tiled en suite bathroom.
The second bedroom is suitable for guests or visiting family, and the property further benefits from a fully tiled family bathroom, enhancing comfort and convenience for modern retirement living.
Externally, the development provides a comfortable and secure environment with lift access, landscaped communal garden areas and a communal lounge area creating a welcoming and sociable atmosphere for residents.
Further benefits include an on site house manager and allocated parking.
Close to local amenities, shops, parks, transport links and schools, the property is well positioned for access to green open spaces and everyday shopping facilities, making it a consistently popular residential setting.
Only 1.1 miles to Stanmore station (Jubilee Line). Leasehold: Circa 999 Year lease from and including 25th December 2022 service charge: Circa £3,520 per annum ground rent: Tbc EPC Rating: D
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
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FAQ
About Flat 22, Eaton Court, Edgware
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