Property · EN2 7PR
Listing removedReduced £25k (−10%) on 20 JunListed 949 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious first floor 2 bedroom retirement flat has its own sunny south facing balcony and the bathroom benefits from natural light.
The property also has gas central heating with a modern combination boiler and is offered chain free. There is a commendable "B" energy efficiency rating.
An entryphone system gives access to the communal hallway. Stairs or lift to the first floor. Door to flat. Hallway Built in storage cupboards.
One double and one single Spacious L Shape Lounge 19'4 x 16'7 (max) Double glazed sliding doors onto the south facing balcony. Two radiators, entry phone.
Balcony South facing with quarry tiled floor and wrought iron railing.
Kitchen 9'9 x 7'8 Double glazed window to the front aspect, fitted wall and base units, single drainer sink inset to work surfaces, built in oven and 4 ring electric hob, plumbed for washing machine, wall mounted Vaillant combination boiler.
Bedroom One 11'4 x 8'8 Double glazed windows to the rear aspect, triple wardrobes with sliding doors to one wall, radiator.
Bedroom Two 8'6 x 7'6 Double glazed window to the rear aspect, fitted wardrobe, radiator.
Large Bathroom W/c 7'6 x 5'6 Double glazed frosted window, panelled bath with electric shower, low flush w/c, wash hand basin, radiator.
There are award winning Communal Gardens, a Guest Studio Flat and a Laundry Room
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Flat 61, Ingleborough,, Cavell Drive, Middlesex
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