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 work3-bedroom terraced house · NW5 3QE
For saleReduced £50k (−2.8%) on 21 JunListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the highly desirable Modbury Gardens Conservation Area, this beautifully proportioned and impeccably presented three-bedroom, two-bathroom family home at Lilac House marries classic North London charm with contemporary living, all just moments from the vibrant amenities of Kentish Town, Hampstead and Gospel Oak.
Extending to approximately 1,600 sqft and arranged over three floors, the accommodation comprises spacious reception and dining areas, a well-appointed eat-in kitchen, three generous bedrooms and two modern bathrooms, all flooded with natural light and finished to a high standard throughout.
The lower ground floor extends versatile living space that could suit a study, playroom or guest suite, while the ground and first floors offer well-balanced principal living and sleeping accommodation, ideal for family life and entertaining alike.
Lilac House enjoys an enviable London location with excellent transport links.
A wide choice of Underground and Overground services are within easy reach, including Chalk Farm Underground (0.7 mile away), Kentish Town West Overground (0.5 mile away) and Kentish Town Tube & Train Station (0.8 mile away), connecting you swiftly across the capital.
Ideally positioned on the edge of Belsize Park, Modbury Gardens enjoys the tranquillity of a leafy residential street with the vibrancy of one of North London’s most desirable neighbourhoods close by.
Just a short stroll away, Belsize Park High Street offers an excellent selection of independent cafés, bakeries and restaurants, alongside everyday conveniences and boutique shops.
The area is also well placed for green space, with Primrose Hill and Hampstead Heath both within easy reach, providing beautiful walking routes and panoramic views across London.
Families will appreciate the strong selection of highly regarded state and independent schools nearby.
Within close proximity are outstanding primary options such as Torriano Primary School (rated Outstanding), Eleanor Palmer Primary, and Kentish Town Church of England Primary, as well as reputable secondaries like Parliament Hill School and William Ellis School.
This superb home is offered in excellent condition throughout and represents a rare opportunity to acquire a stylish family residence in one of North London’s most appealing neighbourhoods.
Value & comps
No previous sales on record.
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 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
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FAQ
About Lilac House, 2, Modbury Gardens, London
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