2-bedroom flat · NW9 6FZ
For saleListed 573 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*New Home* *A video tour is available* Find My Home presents a large (approximately 763 square feet / 71 square metres plus a balcony of approximately 79 square feet / 7 square metres) and stunning Northeast-facing two bedroom flat with bespoke interior design set on the eleventh floor (with lifts) of a newly built sustainable development in the regeneration area of Hendon NW9.
The flat itself comprises a large reception/dining room with access to the private balcony, open plan fully-integrated kitchen with Bosch appliances including induction hob, oven, microwave, and dishwasher, two double bedroom with fitted wardrobes, two luxury bathrooms (one en-suite), and a utility cupboard with separate washing machine and dryer.
The flat is overlooking the landscaped communal gardens and the Silk Park.
Other features and benefits include Herringbone timber effect laminated wood flooring in the entrance hallway, living room, and kitchen, underfloor heating, video entry phone system, CCTV, secure cycle storage, and 24 hour concierge.
The flat is part of a brand new luxury sustainable development in Hendon with a nearby brook and 1.5 acre park with lake and whose residents benefit from a suite of exclusive facilities like a gym, co-working space, two cinema rooms, and residents only podium gardens.
The development also includes a number of unique landscaped public gardens including a mosaic garden, woodland garden, and meadow garden.
The development is ideally located moments away from the West Hendon Sainsbury's supermarket for all of your grocery shopping needs, and close to the various shops, restaurants, and bars of West Hendon.
The development is also a short bus ride from Hendon Central Station (Northern - Zone 3+4 - Fast access to major Central London stations like Euston, Kings Cross St Pancras, and Bank) and a short walk from West Hendon Station (Thameslink - 28 minutes to Blackfriars) and also benefits car owners by being located on the iconic Edgware Road that passes through Brent Cross West, Maida Vale, and Paddington.
*Special promotion: The flat can be bought with all furniture included* Tenure: Virtual Freehold (999 years from 2020) Estimated service charge rate: £3,296 per annum (£4.32 per square foot per annum) which includes upkeep and cleaning for all communal areas and communal facilities including the residents only gym.
Ground rent: Peppercorn (approximately £1 per annum) Ideal for couples and for investors alike (estimated rental yield of up to 6.2%). For further details and viewing please contact Find My Home
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
Agent & docs
FAQ
About 230 Silkstream, The Hyde, West Hendon
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