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See how verdicts work2-bedroom flat · N16 9BU
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two bedroom, one bathroom period conversion of 601 sq ft, arranged over the ground and lower ground floors of a London stock brick building on Green Lanes, N16.
Offered chain free, the flat is neatly planned and comfortably finished. It also has the real benefit of its own private decked garden, reached directly from the kitchen.
Stepping inside from the shared communal entrance, a staircase leads down to the main living space on the lower ground floor.
The reception room extends to fourteen feet, with wood-effect flooring, recessed spotlights and shelving set into the alcoves.
It opens through to a kitchen of almost twelve feet, fitted with cream Shaker-style units, glazed display cabinets and wooden worktops.
There is a ceramic sink with a swan-neck mixer tap, a gas hob with extractor and a Beko oven, and a Bosch washing machine sits beneath the counter.
A door leads straight out to the garden, so the space works as well for a quiet night in as it does for eating outside on summer evenings.
The principal bedroom lies at the front of the lower ground floor and measures almost fourteen feet. It has a full wall of fitted wardrobes, plantation shutters to the window and recessed lighting.
The second bedroom, to the rear, is a single and would work equally well as a guest room, nursery or study. Back on the ground floor, the bathroom is tiled to full height in grey.
It has a bath with a shower over and a glass screen, a wall-hung basin and a chrome heated towel rail.
Chain free and well kept throughout, this is an ideal home for first-time buyers and investors alike.
Green Lanes sits in N16, within the London Borough of Islington, with Newington Green and Clissold Park both within easy reach. It is a characterful, lively part of north London.
It suits buyers who want green space and a good café and restaurant scene close to home, with an easy run into the City. For commuters, Canonbury station is close by on the London Overground.
Mildmay line services run east to Stratford, and Windrush line services run south through Shoreditch High Street. A choice of bus routes serves the City, Angel and the West End.
Newington Green has a cluster of cafés, restaurants and independent shops, and the delis and eateries of Stoke Newington Church Street are a little further on.
The wide green spaces of Clissold Park are close at hand.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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