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See how verdicts work2-bedroom flat · N17 8FE
For saleListed 65 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 two bedroom apartment located on the 10th floor of a landmark 22-storey modern purpose built block.
The accommodation comprises; hallway, open plan kitchen/reception room, two double bedrooms, bathroom, balcony affording far-reaching panoramic skyline views, and an allocated parking space.
The building benefits from lift and stair access to all floors, bicycle storage areas, a modern door entry-phone system and a communal roof terrace.
Property Value: £340,000 Minimum Share: 55% Share Value: £187,500 Lease Term - 99 years (approx.) Rent pcm - £485.49 Service charge pcm - £289.75 Gross internal area: 775 sq.ft / 72 sq.m approx.
EPC Rating: B Council Tax Band: C Ground rent p.a.: £150 (payable from final staircasing to 100% ownership, subject to review every 25 years) Rivers Apartments is located at the west end of Cannon Road with a variety of local shops, cafes and restaurants located nearby particularly in the High Road.
Tottenham Hotspur Stadium is about half a mile away from the property.
The area is well served by nearby bus routes and by overground trains from White Hart Lane Station providing good public transport links to and from Liverpool Street/the City, Shoreditch and the West End.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
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FAQ
About 41 Rivers Apartments, Cannon Road, London
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