1-bedroom flat · N16 8BE
Sold STCListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This rare to market impressive 600 sq ft one bedroom penthouse is offered chain free in a modern, well-maintained modern block in the heart of Dalston.
Situated at the quiet rear of the building, the apartment features a dual aspect design that fills the space with natural light throughout the day as well as showcasing far reaching City views that will take your breath away- especially when they twinkle in the evening.
The property boasts offers a unique blend of contemporary design and functionality including underfloor heating throughout.
Benefiting from a spacious open-plan kitchen & living area with plenty of dining and lounging space together with a fully fitted kitchen complete with integrated appliances.
The apartment’s standout feature is its wrap around private terrace (accessible from the main living space) which captures sunlight from morning to evening, providing the perfect setting for relaxation or entertaining.
The double bedroom is extremely generous and boasts ceiling to floor windows lighting up the entire space and the modern bathroom can also be accessed fro here as an ensuite or from the apartments hallway which is great for guests.
Additional benefits include: EWS1 compliant, long lease remaining, communal gardens, secure fob entry system, lift access to all floors & residents bike storage.
Essence House is perfectly located for speedy trips into the City and Central London, with Dalston Junction & Dalston Kingsland stations both just a short walk away.
The eclectic mix of independent shops, roof top bars and restaurants along Stoke Newington Road and Kingsland Road including the popular Ridley Road market, Curve Gardens & Dusty Knuckle bakery to name a few.
EPC Rating: B
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 Selsea Place, Essence House Selsea Place, N16
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