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See how verdicts work1-bedroom flat · N15 6BZ
Sold STCListed 322 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on the ground floor in this purpose built block is this spacious one bedroom flat occupying 516sqft (48sqm) with stunning views over the River Lea and Walthamstow Wetlands.
Added benefits include an open plan lounge with a modern fitted kitchen, fitted bathroom, double glazing, gas central heating, excellent storage space, a terrace area accessed from the living area which leads onto the communal garden, resident permit parking available, and comes with a lease which has approximately 86 years remaining.
The property is located in the sought after South Tottenham area that is famed for its dynamic culture, strong sense of community and excellent transport links which includes South Tottenham Station and Seven Sisters Underground (Victoria Line) and Overground to Liverpool Street.
Local attractions include delightful walks along the River Lea, the Markfield Road area with its artist studios, workshops and venues, and the flat is directly next to Markfield Park with its lovely little café and Beam Engine museum.
Stoke Newington with its restaurants and nightlife is within easy reach. In our opinion this property will be an ideal purchase for a first time buyer and is being offered on a chain free basis.
Viewing is highly recommended.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Grovelands Road, South Tottenham, N15
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