1-bedroom flat · N6 5TQ
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom first floor apartment requiring modernisation situated only moments away from Highgate Underground Station.
Forming part of a small purpose built block of 6 flats, the accommodation comprises a spacious reception room, separate kitchen, double bedroom and bathroom.
The property is conveniently located within walking distance to both Highgate Village and Crouch End Broadway, along with the picturesque surroundings of Parkland Walk, and Highgate and Queens Wood.
Material Information: The property is held on a 125 year lease from the 9th July 2007 and the annual ground rent is £10.
We are currently waiting for the annual service charge information to be confirmed but we have been informed that it's in the region of £2,400 per annum. The building is managed by Haringey London.
The property has gas central heating and Ofcom confirms that Ultrafast broadband is available. The building is serviced by electricity, and mains water and sewerage. Street cpz parking is available.
Mobile phone coverage is available in the property. The yearly flood risk for Surface Water is high and the yearly chance of flooding between 2040 and 2060 is high.
The yearly chance of flooding from Rivers and Sea are assessed as very low. This location is outside of a groundwater flood alert area, and flooding from reservoirs is unlikely in the area.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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
Agent & docs
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FAQ
About Flat 3, Holmesdale Road, London
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