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See how verdicts work3-bedroom flat · N6 5PQ
For saleReduced £30k (−5.5%) on 30 SepListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom apartment with a balcony situated on the second floor, with lift access, of a 1930's 'Art Deco' purpose built building within close walking distance of Highgate Village.
Flooded in natural light, the accommodation comprises a spacious reception room, separate kitchen, three bedrooms, the primary bedroom benefiting from French doors on to the balcony and a bathroom.
The property also benefits from an on-site porter, secure off street parking and use of a well maintained communal garden.
The apartment is conveniently located within walking distance to both Highgate and Archway Underground Stations. Material Information: The property is held on a 116 year lease from the 3rd June 2008.
The annual service charge is £4,560 and the annual ground rent is peppercorn.
The service charge is payable quarterly and includes the central heating, hot water, a care taker/porter, buildings insurance, gardening and cleaning. The building is managed by kmp Solutions.
The property has gas central heating through a communal boiler system and Ofcom confirms that Ultrafast is available. The building is serviced by electricity, mains water and sewerage.
The area has mobile phone coverage, excellent transport links and off-street parking is available for residents.
The flood risk for Surface Water and Rivers and Sea are assessed as very low on the Flood Risk Summary for the area.
This location is outside of a groundwater flood alert area, and flooding from reservoirs is unlikely in the area.
What3words /// hope.safely.hangs Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 25 Second Floor, Northwood Hall, Hornsey Lane, London
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