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See how verdicts work1-bedroom flat · NW2 6YL
For saleReduced £25k (−9.1%) on 26 AugListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting for sale this second floor flat situated in a purpose built development just off Dollis Hill Lane and therefore located within a few yards of the magnificent 80 acres of Gladstone Park with its recreational facilities including tennis courts, café, etc.
The property offers ideal first time buyer accommodation or potentially a buy-to-let investment and is priced to sell and viewing is highly recommended.
The property is located within half a mile of Brent Cross West Station with overground trains into Kings Cross and Farringdon within approximately 15 and 20 minutes respectively.
Entrance Hall: Storage area. Hot water tank. Lounge (Rear): 15’7” x 11’9” (4.75m x 3.58m). Double glazed window. Door to south facing balcony. Kitchen: 13’1” x 5’9” (4.00m x 1.74m).
Fitted with a range of wall and matching base cabinets with work surfaces above and tiled surrounds. Plumbed for washing machine. Single drainer sink unit. Tiled flooring.
Bedroom (Front): 14’6” x 8’10” (4.43m x 2.70m). Wood flooring. Double glazed window. Built-in cupboards. Bathroom/WC: 10’7” x 4’9” (3.23m x 1.45m).
Panelled bath with mixer tap and shower attachment and shower screen above bath. Pedestal wash hand basin. Low-level WC. Fully tiled walls and flooring.
Lease: 125 years from 1985 thus having approximately 84 years remaining. Service Charge: £600 - £1,000 p.a. Approximately.
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 16, Midwood Close, London
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