2-bedroom flat · NW7 3RY
For saleListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Joseph Scott Presents – A well-presented and newly refurbished throughout, two bedroom ground floor apartment, offering spacious and practical living throughout, ideal for first time buyers, downsizers or investors, only 0.5 miles to Mill Hill station (Thames Link).
Upon entering the property, you are welcomed by a lengthy hallway which creates a strong first impression and provides access to all rooms.
The layout is well arranged, offering a lovely sense of space and flow throughout, while a useful storage cupboard adds further practicality.
The reception room is bright and generously sized, with ample space for both living and dining furniture.
Large windows allow plenty of natural light to pour in, creating a warm and inviting setting for everyday living and entertaining alike.
The kitchen is well designed with integrated appliances and ample worktop space, providing a practical and functional cooking area.
From here, there is direct access to the communal garden at the rear, enhancing the overall lifestyle offering of the property.
Both bedrooms are well proportioned and benefit from fitted wardrobes, providing excellent storage while maintaining a comfortable and airy feel.
The bathroom is modern and well presented, featuring a bath with overhead shower and contemporary finishes.
Externally, the property benefits from On-site resident’s parking and access to a communal garden area.
Close to local amenities, shops, parks, transport links and Mathilda Marks-Kennedy School, rated Outstanding by Ofsted, only 1.0 miles to Edgware station (Northern Line).
Leasehold: Circa 145 years remaining Service charge: Circa £2,400 per annum EPC Rating: C
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
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FAQ
About Flat 2, Grosvenor Court Hale Lane, London
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