1-bedroom flat · NW2 4JT
For saleListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top Floor Upper Duplex, one-bedroom flat situated within this well presented converted house on Melrose Avenue.
Property comprises of a large open plan reception room that can also be used as an additional dining area, a separate kitchen with a door opening onto a juliet balcony.The entire Second Floor is double bedroom with ample eaves storage space and built in wardrobes.
Melrose Avenue is a highly sought after road close to excellent transport links including Willesden Green (Jubilee zone 2), Cricklewood (Thameslink) and Kilburn (Jubilee zone 2) and the local amenities of Walm Lane.
Tenure: Leasehold Lease Years Remaining: 145 Annual Ground Rent: £78 Council Tax Band: B Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).
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
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FAQ
About 98c Melrose Avenue
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