4-bedroom flat · N1 3EU
Under offerListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Standing at 1514 sq. Ft.
(approx.) the property benefits from its' own font door, and is set over the upper three lower floors of an imposing Victorian house conversion in the popular De Beauvoir N1area.
The property offers great potential and has four generous double bedrooms, a family bathroom with bathtub, separate kitchen, a large reception room, and a private East facing garden that benefits from the sound of birds singing from the trees.
The property also benefits from the leafy views of back gardens as well as the view of the City skyline from the East facing room on the top floor.
Almorah Road is an attractive residential street in the heart of the East Canonbury Conservation Area.
Local amenities can be found on Essex Road and also on Southgate Road with its village-like atmosphere. Islington's Upper Street with its shops, bars and restaurants is also easily accessible.
Essex Road station (0.5 miles - First Capital Connect) provides a direct link to Moorgate whilst Angel at 1.2 miles and Highbury & Islington stations at 1 mile provide access to London Underground.
Haggerston (0.6 miles - Overground) also allows easy access to Canary Wharf via Canada Water. Please note that all distances are approximate.
*To note: The lease extension notice has been served to the freeholder. The roof was refurbished but a leak has been noted, this has been reported to the freeholder.
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.
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 12A,, Almorah Road, London
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