1-bedroom flat · N6 5DR
Sold STCListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom period conversion with a private garden and its own entrance situated on a sought after road within walking distance to both Highgate Village and Crouch End Broadway.
Benefiting from double glazed windows and doors throughout, the accommodation comprises a reception room open plan to a fitted kitchen, bedroom and luxurious shower room.
Externally the property has a landscaped private section of garden incorporating a patio area and a number of shrubs and plants.
There is also access to communal gardens at the front and rear of the building with a large private shed.
The property is conveniently located within walking distance to both Highgate and Archway Underground Station along with a number of open spaces including Parkland Walk.
Material Information: The property is held on a 999 year lease from the 24th June 1982. The annual ground rent is peppercorn and the annual service charge is £900, payable £75 per calendar month.
This includes the flats contribution towards the building insurance and its contribution towards the sinking fund. The building is self managed by the residents.
The property has gas heating and fibre broadband. The building is serviced by electricity and mains water and sewerage and mobile phone coverage is available.
The flood risk for Surface Water and Rivers and Sea are assessed as very low on the Flood Risk Summary for the area. The Flood Risks of Groundwater and Reservoirs are both unlikely in this area.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
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 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
FAQ
About Avenue Road, Highgate, N6
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