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See how verdicts work2-bedroom flat · NW5 4AU
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property offers well-proportioned living accommodation and comprises a reception room with direct access to a private roof terrace, same reception also has access to a kitchen, a windowed bathroom and two bedrooms, one with an en-suite shower room.
A word from the owner:- “ I love that the flat gets so much light. The kitchen gets the morning sun. The terrace is perfect for enjoying sunny afternoons and watching the sun go down.
The location near to Kentish Town and Hampstead Heath is the best of both worlds: Feeling both close to the city and to nature on the heath.
Gospel Oak Overground station is also just a short walk away." tenure: 125 Years Lease from 29th September 2003 ground rent: £250pa - rising by £50 every 25 years from 2003 service charge: £4648.07 for period 2024/25 – Insurance, management and other communal charges Parking: We have been advised by the owners a residents parking permit can possibly be acquired from the council.
Please make your own enquiries.
Utilities: The property is serviced by mains water, electricity, gas and sewage Broadband and Data Coverage: Ultrafast Broadband services are available via Openreach, G Network, Virgin Media, Hyperoptic, with a good level of mobile phone coverage depending on your service provider Construction Type: To be confirmed Heating: Gas Notable Lease Covenants and Restrictions: Not to use the Flat for any purpose whatsoever other than as a private residential flat.
Not to keep any animal or birds in the Premises without the Freeholder’s prior written consent.
To keep all floors covered with carpet and other suitable materials so as to prevent the penetration of sound into other flats and to place insulators under any instruments likely to cause disturbance to other flats.
Council Tax: London Borough of Camden - Council Tax Band: E (£2,697.59 for 2026/27).
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
Agent & docs
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FAQ
About 8, 242, The Mitre, Grafton Road, London
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