2-bedroom flat · N8 0EZ
For saleListed 1571 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Niche Estates are proud to present this rare opportunity to purchase an 10th floor unit in the Clarendon, Lambert Mansions development.
For sale by contract re-assignment, due to complete in July 2022. This gret size two bedroom, two bathroom property offering open plan kitchen and living room leading to a private balcony.
Both bedrooms are good size double rooms and there are built in wardrobes and en-suite bathroom to master. There is a family bathroom and additional storage and utility cupboard from the hallway.
Finished to a high specification and offering a 999 year lease.
Clarendon features new landscaped gardens, a beautiful water feature, play areas as well as shopping and dining spaces, and will be a new destination in the heart of Haringey.
Residents' facilities will also include 24-hour concierge, gym, swimming pool, wellness spa, residents' lounge and access to a private dining and meeting room.
Tenure: Leasehold (999 years) Ground Rent: £450 per year Service Charge: £3,308 per year
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
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