2-bedroom flat · N8 7RZ
For saleReduced £25k (−5.9%) on 29 SepListed 39 days
Opportunity summary
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About
PhilipAlexander are delighted to present this well-maintained two-bedroom apartment, set on the first floor of Fyfe House, forming part of the landmark New River Village development in Hornsey, N8.
Offered Chain-Free , the property provides bright, well-proportioned accommodation together with a private balcony, gated allocated parking and an exceptionally long lease with approximately 976 years remaining The apartment features a spacious reception room with plenty of room for both living and dining, opening directly onto the private balcony.
The current owner has recently upgraded the kitchen, giving it a more modern and individual feel while complementing the contemporary style of the apartment.
There are two well-proportioned double bedrooms.
The principal bedroom benefits from fitted wardrobes and its own en-suite shower room, while the family bedroom provides excellent space for guests, sharers or use as a home office.
A further good-sized bathroom serves the rest of the apartment. An allocated parking space provides convenient off-street parking - a particularly valuable benefit in this part of North London.
New River Village is one of Hornsey’s landmark residential developments and has established itself as a premier address within N8.
Set within attractive landscaped grounds, the development offers a modern residential environment in an exceptionally convenient location.
Hornsey Overground Station and Turnpike Lane Underground Station are both within easy reach, providing excellent connections into Central London and beyond.
Hornsey High Street and the shops, restaurants and amenities of Crouch End are also nearby, while Alexandra Palace and Park provide extensive green space within easy reach.
Combining two double bedrooms, two bathrooms, private outside space, secure allocated parking and an exceptionally long lease, this is an excellent opportunity to purchase a well-positioned home within one of Hornsey’s most established residential developments.
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.
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FAQ
About Flat 5, Fyfe House Chadwell Lane, London
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