1-bedroom flat · N22 7BW
For saleReduced £25k (−5.6%) on 1 OctListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Element Properties & Co are proud to present this well-positioned, ground floor apartment set in the heart of Alexandra Palace.
Comprised of a large double bedroom along with a separate, great sized living room. A open-plan kitchen area leads on a full suite bathroom and enormous garden.
The rear garden is private and very spacious, ideal for hosting parties and BBQs.
Additional benefits include a utility area/study space, also the property has the potential to build an out-house alongside a rear extension STPP.
The property is located close to Alexandra Palace train station with trains into Kings Cross and Moorgate. Bounds Green & Wood Green Stations (Piccadilly Line) are also a short walk away.
The open spaces of Alexandra Park are on your doorstep as are the shops of Crescent Road & nearby Muswell Hill Broadway.
In addition, the weekly farmers market is a must visit for fresh local produce.
There is also a very strong local community both on the street/neighbourhood with popular local primary and secondary schools nearby.
Sold with a long leasehold of 987 years unexpired and the Share of Freehold - service charges are only a percentage of outgoings with no ground rent applicable.
Council Tax Band - C (Haringey) – £1963 per annum. Offered with no onward chain, internal viewings are highly recommended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
FAQ
About 19, Palace Gates Road, London
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