2-bedroom flat · N1 3LY
For saleReduced £25k (−3.8%) on 3 OctListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spanning 786 sq.ft. Is this well proportioned two bedroom, one bathroom flat set over the second floor of a sought-after development with South facing 550 sq. Ft. (approx.) terrace.
The flat has been architecturally designed and renovated with style pocket doors, offers 3m high ceilings, and comprises of a master bedroom with fitted wardrobes, a second good sized double with modular design Crittall doors, a family three piece bathroom with bathtub, and an open plan living room with bespoke fitted kitchen with quartz countertops and new Samsung appliances.
The renovations also included upgrades to bathroom pipes, boiler and electricity circuit board leading to considerable savings in water and electricity bills.
Parking is available in the building upon request to rent.
With the leaseholders now holding the Right to Manage (rtm), the building benefits from proactive, resident led management and considerable oversight of service charges compared to other leasehold buildings.
The apartment is set at the South end of Southgate Road, just moments from the restaurants, pubs and shops of De Beauvoir, as well as having a convenient Tesco downstairs.
The beautiful Rosemary Gardens is located opposite the development providing a range of sporting activities including tennis courts and a football pitch as well as a park area.
For the sports enthusiast there is also a swimming pool and squash courts located nearby as well as a volleyball court next to Shoreditch Park and for those who prefer peaceful strolls, regents canal provides a tranquil escape for a run or walk.
The flat is perfectly located for easy transport across London and beyond and specifically for the City and Hoxton with a bus stop outside providing routes to Old Street, Bank, Moorgate and London bridge.
The closest tube stop, is Old Street (Northern line) with over ground access provided at Haggerston which is just a short distance away whilst City airport and Kings Cross St Pancras facilitate easy international transport.
*Any associated charges including, but not limited to, service charge, ground rent and sinking funds outlined in the marketing material is an approximation calculated using information provided by and described by the client at the time of instruction.
The actual cost may be subject to change and therefore we recommend all interested parties carry out their own enquiries.*
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Unit 210, 10, Southgate Road, London
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