Studio flat · NW8 9SB
For saleReduced £20k (−6%) on 13 OctListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented studio apartment situated on the second floor of this purpose built block, ideally located in the heart of St John’s Wood, close to St John’s Wood High Street, Lord’s Cricket Ground, Regent’s Park and the picturesque waterways of Little Venice.
The accommodation comprises a communal entrance with passenger lift and stairs, private entrance hallway, bright and well proportioned studio room, modern en suite shower room and a separate fitted kitchen with appliances.
Melina Court is conveniently positioned for the wide range of shops, cafés and restaurants on St John’s Wood High Street, with excellent transport links nearby.
St John’s Wood Underground Station (Jubilee Line) is within easy reach, providing fast connections into the West End, City and Canary Wharf, while Maida Vale and Warwick Avenue Underground Stations (Bakerloo Line) are also accessible.
Paddington Station is nearby, offering National Rail and Elizabeth line services, as well as Heathrow Airport connections.
The open spaces of Regent’s Park and Lord’s Cricket Ground are also within easy reach, making this an attractive opportunity for a first time buyer or investor.
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
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FAQ
About Flat 16, Melina Court,, Grove End Road, London
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