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See how verdicts work2-bedroom flat · N8 9BS
For saleReduced £25k (−4%) on 16 SepListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedroom | South West Facing Roof Terrace | Recently Refurbished Period Conversion | Split Level 821 Square Foot Flat | Large Reception Room | Fantastic Storage | Hornsey Station 0.4 Miles | Chain Free | Rokesly School 0.1 Miles What you need to know This 821 sq ft split-level two-bedroom apartment is ideally positioned just 0.3 miles from the Outstanding-rated Weston Park Primary School and 0.1 miles from Rokesly Primary School.
The property also benefits from excellent transport connections, with Harringay (0.6 miles), Hornsey (0.4 miles), and Finsbury Park stations all within easy reach, providing swift access into the City and beyond.
The building has recently undergone both external and internal redecoration, giving it a fresh and well-maintained feel throughout.
Inside, the apartment offers a superb blend of character and functionality, featuring a spacious reception room with wooden flooring, a feature fireplace, and a large bay window that floods the room with natural light.
A stunning south-west facing roof terrace provides the perfect setting for entertaining or relaxing in the sun.
The accommodation further comprises a separate kitchen, a versatile second bedroom ideal as a guest room or home office, and a generous principal double bedroom with built-in storage.
Additional storage is thoughtfully integrated throughout the apartment. The property is being sold with an extended lease, with the option for a Share of Freehold to be offered following completion.
Set on Ferme Park Road, the apartment is surrounded by an abundance of green open spaces including Stationers Park, Priory Park, and the Parkland Walk, while the cafés, boutiques, and restaurants of vibrant Crouch End Broadway are just a short stroll away.
Tenure: Leasehold The property is being sold with an extended lease, with the option for a Share of Freehold to be offered following completion.
Lease length: 125 years from 1983 To be extended to 999 years on completion Ground rent: £100/year Service charge: £600/year Council tax band: D
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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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 189C, Ferme Park Road, Crouch End
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