2-bedroom flat · NW9 4DU
For saleReduced £25k (−5.6%) on 14 JulListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two bedroom, two bathroom apartment offering stylish, city living and is centrally located within Beaufort Park.
This high specification 862 square foot (approx.) home is accompanied by two double carpeted bedrooms with a built in wardrobe and ensuite to bedroom one, 3 piece family bathroom suite, a utility cupboard with a fitted washer/dryer, cloakroom/storage cupboard and fully integrated kitchen with Neff Appliances.
The apartment further benefits from stunning western views over the landscaped courtyard and wood effect flooring in the living space, hallway and kitchen.
The Beaufort Park development has an onsite management office, residents' gymnasium, swimming pool, spa and has a selection of amenities including on-site restaurants, a cafe, Tesco Express and a residents' park.
Beaufort Park is located within walking distance to Colindale underground Station (Northern Line), which offers direct services to the West End and the City in less than 30 minutes and offers night tube.tenure: Leasehold lease length: Service charge: £4540pa period: For the year of 2023 ground rent: £550 pa period:For the year of 2022 ground rent review: 25/12/2026 ground rent increase: Rpi council: London borough of barnet tax band: E
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
About Flat 31, Cornelia House, 3, Caversham Road, Colindale
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