3-bedroom flat · N1 0NG
For saleReduced £100k (−9.1%) on 2 OctListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Period Conversion | Split Level | Three Bedrooms | Private garden | Share of Freehold | Chain Free | Excellent Islington Location A charming three-bedroom maisonette offering 1,138 sq. Ft.
Of versatile living space across the lower ground and ground floors of a beautiful period house, quietly set back from Caledonian Road.
Entered via the main front entrance on the ground floor, the accommodation opens into a home filled with high ceilings and original character.
To the front, a generous living room features double sash windows with original folding shutters, polished timber floorboards, and a traditional fireplace.
To the rear, the bright kitchen and dining area provides a dedicated social space, complete with wooden worktops, a cast-iron radiator, and stripped-wood window surrounds.
The lower ground floor comprises three bedrooms, including a primary bedroom with extensive fitted wardrobes.
This level also houses a family bathroom, a separate utility room, and a quiet study space that opens onto a private lower courtyard.
Outside, the property boasts an exceptionally large, 63ft private rear garden featuring a paved patio area ideal for entertaining or outdoor dining.
Ideally situated set back off Caledonian Road, the property is just moments from the scenic towpaths of Regent's Canal. Transport links are exceptional, with King's Cross Station and St.
Pancras International close by for Underground, National Rail, and Eurostar services, along with direct bus routes into the City and West End.
The local area enjoys a rich variety of cafes, shops, and restaurants across Islington and Coal Drops Yard.
Tenure: Share of Freehold Time remaining on underline lease: 81 years remaining Council tax band: Band E
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
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FAQ
About Flat A, 248, Caledonian Road, Islington
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