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See how verdicts work5-bedroom house · N4 1NL
Listing removedListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Under offer: Loosely arranged as two apartments, this substantial family home offers over 1,600 sq ft of internal space set across two floors.
Owned and occupied by the same family for many years, the house remains registered as a single dwelling, but presents a clear opportunity to rework the layout into a standout family home or to complete the existing arrangement into two separate apartments, subject to the usual consents.
The ground floor currently provides two reception rooms, alongside a further room which works well as a study or additional bedroom.
To the rear, there is a kitchen diner leading out to a good sized garden, with a bathroom and separate WC also on this level.
Upstairs, there are four bedrooms, with one presently used as a kitchen diner serving the first floor. This can be reinstated as a bedroom if required, particularly for lending purposes.
A further bathroom and separate WC complete the floor. Hermitage Road is known for its strong sense of community and attractive run of Victorian houses.
Green Lanes is close by, offering a wide mix of independent cafés, restaurants and everyday amenities, while Manor House and Finsbury Park stations provide excellent access across London via the Piccadilly and Victoria lines, alongside National Rail services from Harringay.
Finsbury Park and Woodberry Wetlands are both within easy reach, and the area is well served by highly regarded local schools, including North and South Harringay primaries.
With Stroud Green, Crouch End and Highbury all nearby, this is a well connected and consistently popular part of North London.
*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
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 98, Hermitage Road, London
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