1-bedroom flat · N17 9FH
For saleListed 419 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you are unable to buy a property outright on the open market, then Shared Ownership could be the ideal solution for you.
It is a part-buy, part-rent scheme, which enables purchasers to buy an initial share of usually between 25% and 75% the value of the property and pay a subsidised rent on the remainder.
A service charge may also be payable to cover the cost of communal maintenance.
Shared Ownership properties are designed as a stepping stone to completely owning your own home, allowing you to buy as much as you can afford when you can afford it.
A resale is a Shared Ownership property that the current owner bought new from us or as a resale.
Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease.
The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.
A well-presented one bedroom apartment located on the 2nd floor of a modern purpose built block. The accommodation comprises; open plan kitchen/reception room, bedroom, bathroom and a balcony.
There are lifts serving all floors, secure door entry phone system, concierge service, bicycle storage area and a communal roof terrace.
Property Value: £300,000 Minimum Share: 35% Share Value: £105,000 Lease Term - 84 years (approx.) Rent pcm - £389.22 Service charge pcm - £275.11 Gross internal area: 548 sq.ft / 51 sq.m approx.
EPC Rating: C Council Tax Band: B Ground rent p.a.: £150 (payable from final staircasing to 100% ownership) Coppermill Heights forms part of the Hale Village development with a Tesco Express, cafe and gym close by.
A variety of food outlets and retail stores at nearby Tottenham Hale Retail Park is a few minutes away.
Numerous bus routes, over ground and underground stations available at Tottenham Hale Station providing quick links to Liverpool Street, Central London, King’s Cross, Euston, Victoria and further afield including Cambridge and Stansted Airport.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 Flat 59 Coppermill Heights, Mill Mead Road, London
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