2-bedroom maisonette · N1 1NF
Listing removedListed 268 days
Opportunity summary
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About
Dexters are delighted to present this superb and unusual opportunity to buy a mixed use freehold property with planning consent to build a new two storey house at the rear and to remodel the existing main building by way of a mansard roof to create a new one bedroom flat on the first floor and a two bedroom maisonette on the second and third floors.
There is an existing shop on the basement and ground floors which is paying £28,000 per annum with a lease expiring in February 2032, rising to £29,000 per annum in March 2026.
The property is located in the Barnsbury Conservation area of Islington and is well placed for access to Upper Street with its multitude of shops and restaurants as well as Angel Underground station(Northern Line).
Planning consent was GRANTED (Planning Application Reference: P2023/3111/FUL) on the 25th March 2024 for the proposed erection of a new two storey (including basement level) 1no.
x 1 bedroom, 2-person dwelling to replace existing rear garage and store, remodeling of existing building, mansard roof extension and two storey rear outrigger extension to provide 1x no.1 bedroom, 2-person and 1x no.
2 bedroom 4-person flat and associated works. Tenure - Freehold HM Land Registry Title Number 60730.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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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 Liverpool Road, London, N1
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