3-bedroom flat · NW8 6DA
Let agreedReduced £200 (−4%) on 26 SepListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available from the 28th of September on an unfurnished basis is this well presented third floor flat with porter, lift, roof terrace and residents parking in Avenue Close, St John's Wood.
The newly redecorated 126 sqm property briefly comprises a south facing reception room which enjoys plenty of natural light and a door opening onto a small outdoor terrace, fully fitted bespoke kitchen breakfast room with integrated appliances, three bedrooms two are doubles and boast ensuite bathrooms with the main bedroom also benefitting from direct access onto a private roof terrace offering stunning views over St John's Wood, a separate WC completes the substantial accommodation.
Avenue Close is a private residential road off tree lined Avenue Road and an exceptionally well maintained development in extensive landscaped grounds within a ten minute walk of St John's Wood station (Jubilee line) St John's Wood High Street with its excellent choice of independent cafes, pubs, well regarded restaurants and boutique shops whilst glorious open space can be enjoyed in nearby Primrose Hill and Regent's Park.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 59 Avenue Close, Avenue Road, London
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