1-bedroom flat · N7 7BY
For saleListed 37 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 bright and contemporary one bedroom apartment located on the fifth floor of a purpose-built apartment block.
The accommodation comprises; entrance hallway, open plan kitchen/reception room, spacious bedroom and modern bathroom.
The apartment benefits from far-reaching views towards the Emirates Stadium and beyond. The building has a door entry phone system, bicycle storage, lift access and a communal roof terrace.
Property Value: £330,000 Minimum Share: 55% Share Value: £181,500 Lease Term - 86 years (approx.) Rent pcm - £336.14 Service charge pcm - £247.27 Gross internal area: 505 sq.ft / 47 sq.m approx.
EPC Rating: C Council Tax Band: D Ground rent p.a.: £150 (payable from final staircasing to 100% ownership, subject to review every 25 years) A variety of local shops, cafes and restaurants can be found close by.
Nearby bus routes and trains from stations at Holloway Road (Piccadilly underground line) and Drayton Park (Northern City overground line) provide convenient public transport links to and from the City, Central London 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
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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 Flat 46, 1 Queensland Road, Queensland Road, London
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