60, Heron Court, Colindale, NW9 5BW

Studio flat · NW9 5BW

312 sq ftEPC E1 bathStudio · Own Front Door · Lease - Over 960 Years

Asking

£190,000

Listing removedListed 786 days

Investor metrics

HMO Article 4 Direction AreaArticle 4 Small Houses in Multiple Occupation (HMO) Area 1 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

Acorn Properties are please to offer Newly Refurbished First Floor Purpose Built Studio Maisonette Situated in a highly desirable area.

Heron Court is conveniently located to Colindale Station on the Northern Line, as well as the regular bus service on Colindale Avenue.

Bang Bang Oriental Foodhall is only a short walk away as well as superb access to the local amenities and schools.The property benefits from an Allocated Parking Space, Long lease in excess of 960 years.

This property is offered chain free.

Lease remaining - 964 years Service Charges - Approx £1100-1200 Ground rent - Peppercorn EPC rating - E Acorn Properties are please to offer Newly Refurbished First Floor Purpose Built Studio Maisonette Situated in a highly desirable area.

Heron Court is conveniently located to Colindale Station on the Northern Line, as well as the regular bus service on Colindale Avenue.

This property is offered chain free. Lease remaining - 964 years Service Charges - Approx £1100-1200 Ground rent - Peppercorn EPC rating - E

Key information

Price per sq ft

£609/sq ft

Based on 312 sq ft (29 sq m)

Floor area

312 sq ft (29 sq m)

Council tax band

Band B

Estimated ~£1,400/year

EPC rating

currentView certificate

Tenure

Leasehold

Property age

Built 2007–2011

Local authority

Barnet

London Borough

County

Greater London Authority

Property features

Studio
Own Front Door
Lease - Over 960 Years
Allocated Parking
Newly Refurbished
Excellent Condition
Close To Station
Chain Free
Tenure: Leasehold

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

Short-let restrictions apply

Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
England: a national short-term let register is being introduced; register the property before letting.

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

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Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market786 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market786

Price reduction—

STC fall-through—

Back to market—

Agency change—

Low EPC ratingE

Listing timeline

First listedListed at £190,00029 Aug 2024

Still activeDay 786 on marketToday

Strategy fit

No strategy scores available yet.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.