We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · NW3 4PB
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perched on the top floor of the beautifully restored Belsize Park Firehouse, this one-bedroom apartment offers a rare blend of character and contemporary comfort, with natural light streaming through Crittall-style steel-framed windows and elevated clear views across the neighbourhood rooftops.
Clean modern finishes sit effortlessly alongside period detailing, reflecting the building’s rich heritage; originally opened in 1915 as Belsize Park Fire Station and designed by Charles Canning Windmill of the London County Council Architects Department, the building was awarded Grade II* status by English Heritage over forty years ago and described as “one of the most distinctive and original of a remarkable series of fire stations built.” Today it has been meticulously reimagined, its Arts and Crafts architecture carefully preserved while thoughtful modern interventions ensure it continues to serve as landmark residence.
The location combines village charm with city convenience, with England’s Lane and its independent cafés, bakeries and restaurants just moments away, Primrose Hill to the south and Hampstead to the north, while Belsize Park (Northern Line) and Swiss Cottage (Jubilee Line) stations and an excellent choice of schools make this a truly desirable home in a coveted corner of north-west London.
EPC Rating: C
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Belsize Park Firehouse, Belsize Park, NW3
Explore nearby
