5-bedroom house · NW3 6SX
For saleReduced £545k (−19.5%) on 18 SepListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Old Forge House is a Grade II listed terraced property located within a distinctive row of six terraced houses on The Mount Square, Hampstead.
The terrace is notable for its architectural cohesion, with each house exhibiting late 18th-century origins.
This superb 4–5-bedroom house is on the market for the first time in nearly 50 years, offering flexible and adaptable living space (1812 sq ft / 168 sqm) providing an excellent opportunity for an incoming owner to personalise and enhance the space to suit their requirements.
The house features a courtyard rear garden with a striking mosaic centerpiece.
Situated in the heart of historic Hampstead Village, The Mount Square offers a tranquil residential setting with proximity to Hampstead Heath, providing expansive green spaces and recreational opportunities.
The area is well served by public transport, including the nearby Hampstead Underground Station (Northern Line), offering convenient access to central London.
** Garage available by separate negotiation ** Council Tax Band: G
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
Agent & docs
FAQ
About Old Forge, 16, The Mount Square, London
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