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See how verdicts work2-bedroom flat · NW7 3BN
For saleReduced £25k (−4.8%) on 24 SepListed 335 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This high quality two bedroom, two bathroom (one en-suite) first floor apartment is situated in this modern block of just nine units, conveniently situated close to local shops and buses and approximately half a mile from Mill Hill Broadway's excellent shopping facilities and Thameslink station.
The apartment comprises open plan kitchen/reception room, two double bedrooms and two bathrooms (one en-suite).
Benefits include video entryphone system, lift and stairs to all floors, underfloor heating, utility cupboard, fully fitted kitchen with intergrated appliances as well as a Quooker hot tap and InSinkErator, fitted wardrobes to both bedrooms, 'Juliette' style balcony, parking space in secure gated residents' car park and long lease.
The property is Leasehold with approximately 123 years remaining on the lease (130 years from 01/10/2019) with a ground rent of £350.00 per annum and a service charge of £4124.00 per annum.
For further details and to arrange a viewing contact Ellis and Co Estate Agents.
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 4,,, Sarason Apartments, Mill Hill
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