2-bedroom house · NW3 4HT
Listing removedReduced £65k (−6.2%) on 21 JunListed 192 days
Opportunity summary
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About
Stunning 2 Bedroom 'Penthouse' Apartment With A South Facing Balcony, Located In The Heart Of Beautiful Belsize Park Set atop a classic semi detached white stucco villa this apartment has immediate appeal as soon as you step inside.
Bathed in natural light and with rooftop and beyond views the flat is presented in immaculate condition featuring white resin flooring giving a modern stylish flow and finish throughout the principal rooms and with the benefit of 2 balconies.
The main entrance to the flat is set on the 2nd floor, with space to decant coats and shoes, an internal staircase then leads up to the spacious 3rd ( top ) floor landing.
To the rear is the lovely light filled living space incorporating a modern fully fitted 'bespoke' kitchen complete with Arabescato worktops, Siemens & Miele appliances, a Liebherr wine cooler and a washer dryer stack cupboard.
There is also a mains water pump and softener and a Quooker boiling water tap. Off this room is also a little 'snug' beneath the eaves and access to an expansive storage area.
Floor to ceiling bi-fold doors stretch across the back wall bringing the outside in and also giving access to the main south facing balcony providing an inviting and private haven to share with friends and family or for some quiet time alone to soak up the sunshine or read.
The master bedroom is situated to the front and benefits from its own balcony bringing inside lots of light and sky views.
There are also a range of fitted wardrobes along one wall and a quirky 'ensuite' situated beneath the eaves and again providing much needed storage areas.
There is a further small double bedroom which is currently used as an office/gym and a large family bathroom with a walk in shower.
The entire apartment is in pristine condition and is a perfect purchase for a buyer requiring a stylish 'turnkey' home.
Belsize Square is one of the areas most desirable locations, featuring a unique London Village lifestyle, the situation couldn't be more perfect, within an easy walk from Belsize Village and Englands Lane with their vibrant local communities and many popular cafes, eateries and independent shops.
In addition, Hampstead and Primrose Hill Villages, with their own fashionable shops, picturesque pubs, street cafes and restaurants are within easy walking distance, as are the havens of green space and fresh air on Hampstead Heath, Regents Park and Primrose Hill Park.
Lastly there are good variety of main shopping and supermarket hubs and transport links very close by, including 3 tube stations, Belsize Park ( Northern) Swiss Cottage ( Jubilee) and Finchley Road ( Metropolitan and Jubilee) and several mainline, overground stations and many bus links.
Gross Internal Floor Space: 992 Sq Ft : 92 Sq M including restricted head heights into the eaves. Tenure & outgoings: Leasehold: 125 years from 1/1/1991 plus a Share of Freehold.
The house have recently passed a resolution to extend their leases up to 999 years so that will be in hand soon. Ground Rent: Not collected. Service Charge: 20% of the annual outgoings.
They pay £80 per month into the company account and a separates payment of £2000 for this flats share of the building insurance for the current year.
There are 5 Apartments in the house and it is managed privately. Council Tax: Band C: £1961. EPC: C - recently updated and valid until 29/3/2036
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.
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FAQ
About 22, Belsize Square, Belsize Park
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