Auction
Auction date passed
This lot went to auction on 7 October 2026 (18 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · N7 8TP
For saleReduced £15k (−3.8%) on 1 OctListed 45 daysAuction 7 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £395,000+ **For Sale By Public Auction 7th October 2026 09:30 am.
To inspect the legal documents for this property go to our website to download the legal pack** A First Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £34,200 Per Annum Tenure Leasehold.
The property is held on a 189 year lease from 31st January 2008 (thus approximately 171 years unexpired ). Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Caledonian Park are within easy reach. Transport links are provided by Caledonian Road underground station (Piccadilly line) and Drayton Park rail station.
Description The property comprises a first floor two bedroom flat situated within a purpose built block arranging over ground and eight upper floors.
Accommodation First Floor Reception Room Kitchen Two Bedrooms Bathroom Tenancy The property is subject to a Periodic Tenancy at a rent of £2,850 per calendar month.
EPC Rating B Open House Viewings: Viewing Schedule (No Booking Required)
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
Area
Agent & docs
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FAQ
About Flat 2, 3, Cottage Road, London
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