2-bedroom flat · N16 9AY
For saleReduced £25k (−4%) on 6 AugListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom duplex apartment set within a boutique modern warehouse-style development in the heart of Stoke Newington.
Arranged over the upper floors, the property offers an impressive open plan reception, dining and kitchen space extending over 36ft, creating a superb area for both living and entertaining.
The room is filled with natural light and finished with wooden flooring and a stylish neutral décor throughout.
This level also benefits from a guest WC and access to a private balcony enjoying attractive rooftop views.
The upper floor provides two well proportioned double bedrooms, including a generous principal bedroom, together with a contemporary family bathroom.
A striking mezzanine level above the main living space adds a unique architectural feature and offers a versatile area ideal for a study or additional seating space.
Red Square is superbly positioned just moments from Stoke Newington Church Street, renowned for its vibrant mix of independent boutiques, cafés, delis and restaurants.
Newington Green is also within easy reach, offering a further selection of popular eateries and local shops and contributing to the area’s sought-after village atmosphere.
The open green spaces of Clissold Park are nearby, while excellent transport links are available from Canonbury Station (Overground) along with numerous bus routes providing swift access to The City, Shoreditch, Angel and the West End.
Any associated charges including, but not limited to, service charge, ground rent and sinking funds outlined in the marketing material is an approximation calculated using information provided by and described by the client at the time of instruction.
The actual cost may be subject to change and therefore we recommend all interested parties carry out their own enquiries.
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
Agent & docs
FAQ
About 57 Red Square, 3, Piano Lane, London
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