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See how verdicts work2-bedroom flat · N3 3LN
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**london freehold investment - £30,000 annual rental income** **Shop, Office & Two-Bedroom Apartment | Asking Price: £650,000** **Own a London freehold with an established rental income and a long-term lease arrangement.** Homes Partner Real Estate presents an attractive opportunity to purchase the **freehold interest in an entire mixed-use building** in a lively London location.
Featuring a ground-floor grocery shop, rear office and two-bedroom apartment above, the property generates a **current rental income of £2,500 per month for the freeholder**.
The building is subject to an existing **30-year lease arrangement, with rent reviews every five years**, making this an opportunity worth exploring for buyers seeking a long-term property investment.
**key features** * **Freehold asking price: £650,000** * **Current income: £2,500 per month / £30,000 per year** * **30-year lease arrangement** * **Rent reviews every five years** * Existing occupiers in place * Residential and commercial accommodation * Private parking **first floor - two-bedroom apartment** Occupied by the residential leaseholder, the apartment comprises: * Two bedrooms + small room * Separate sitting room * Kitchen * Bathroom * Separate toilet * Balcony **ground floor - shop & office** The ground floor accommodates an **operating grocery shop at the front** and an **office to the rear**, with private parking adding to the property’s practical appeal.
**A freehold opportunity with income already in place** With existing occupation, a current annual income of £30,000 and scheduled five-year rent reviews, this building brings together several appealing features in one London investment.
The sale comprises the freehold interest, subject to the existing lease. Income, the remaining lease term and rent-review provisions should be verified against the lease documentation.
**Contact Homes Partner Real Estate today for further details and to arrange your viewing.**
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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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 advisers before making any investment decisions.
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.
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