3-bedroom flat · NW4 1QU
To rentListed 65 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This character filled furnished 3 bedroom apartment is set within The Towers, an imposing period building on Parson Street dating back to the 1870s.
Spanning 1017 square feet, the residence blends historical charm with modern living spaces.
The property boasts spacious living with high ceilings throughout and a separate, bay-window reception room that offers ample natural light.
The property retains its historical character with period features and and a grand architectural presence.
There are three well-proportioned bedrooms with a fully fitted kitchen and a well-appointed family bathroom. Located on the upper first floor, the property also includes an allocated parking space.
Ideally situated for commuters, with Hendon Rail Station (approx. 0.6km) and Hendon Central Underground Station (approx. 1.3km) within easy reach.
The area also provides quick access to the M1, A41, and North Circular (A406). The property is located just moments from the vibrant shops and cafes of Brent Street.
Nearby institutions include Middlesex University London and several local primary schools such as The Hyde School and Bell Lane primary school. Bills not included
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
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FAQ
About Flat 3, Parson Street, London
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