3-bedroom flat · N9 9LH
Listing removedListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to cash purchasers only, this spacious three-bedroom flat is situated on the tenth floor of Walmer House, a well-positioned high-rise block in Edmonton.
The property is sold with a tenant in situ, currently generating a rental income of £1,200 per calendar month, making it an attractive investment opportunity.
The accommodation comprises a bright and generously proportioned living space with access to a large south-facing balcony, providing impressive panoramic views across London.
There are three well-sized bedrooms, a fitted kitchen, bathroom, and ample storage throughout, offering comfortable living with plenty of natural light.
The property benefits from an 83-year lease and access to a communal garden, ideal for residents seeking outdoor space.
Conveniently located within walking distance of Edmonton Green Railway Station, the flat provides excellent transport links into Central London.
Residents will also find local shops, schools, bus routes, and everyday amenities nearby, including the popular Edmonton Green Shopping Centre.
Lounge - 3.30m x 4.56m Balcony Kitchen - 3.30m x 2.59m Bedroom - 4.97m x 2.60m Bedroom - 3.28m x 4.53m Bedroom - 3.30m x 2.63m Bathroom - 2.40m x 1.65m
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 Walmer House, Bury Street, London, Greater London, N9 9LH
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