2-bedroom flat · NW3 3NT
For saleListed 463 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A contemporary and well presented two bedroom, two bathroom apartment (1003 sq ft / 93 sq m) situated on the third floor of this landmark development.
The property comprises spacious reception with intercommunicating kitchen and access to a private balcony, principal double bedroom with ample storage and ensuite, second double bedroom and family bathroom.
Further benefits include underground parking, 24-hour porterage and passenger lift.
Melrose Apartments is a highly regarded purpose-built block and is superbly located for all of the amenities of Swiss Cottage, Belsize Park and St John's Wood, as well as the open spaces of both Primrose Hill and Regent's Park.
Transport facilities include Swiss Cottage (Jubilee Line) and Chalk Farm (Northern Line) underground stations and bus services into Central London.
The Leisure Centre including gym and swimming pool is opposite and London Zoo is within easy walking distance. Hampstead, Hampstead Heath, Chalk Farm and Camden Market are also close by.
Service charge £13,655 per annum approx. Including reserve fund. In addition, ground rent: £350 per annum
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 45, Melrose Apartments, London
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