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Selling
Residential Real Estate

Unbroken block of 3 x Flats + side plot

Budget: 1,500,000 GBP
Sale created: 09/10/2025

Team Parnexus has seen the following proof:

  • Photo
  • Brochure
  • Asking price:1,500,000 GBP
  • Readiness to sell:Immediately
  • Selling principal profile:Private individual

Age / year:

N​/​A

Location:

London, England

Teaser Description
Unbroken block of 3 flats in London, N4, being sold BMV for a quick deal. Configuration Freehold comprising: • 1-bed ground floor flat with garden • 3-bed ground floor flat • 4-bed upper maisonette • Double garage with development potential (plot value £150–200k) Break-Up Value • 1-Bed Garden Flat – £450k • 3-Bed Ground Floor Flat – £750k • 4-Bed Upper Maisonette – £900k • Garage Plot – £150–200k Total Break-Up Value: £2.25m–£2.3m Development Options 1. New Build: 2-bed house on garage plot. Cost £100k. GDV £500k. 2. Maximise Units: – 1-Bed Garden Flat: cellar conversion to 3/4-bed – 3-Bed Flat: retain as is – Upper Maisonette: reconfigure to 3-bed + new 1/2-bed flat 3. Alternative: attach garage to garden flat (3-bed) + convert cellar into 2-bed Prime freehold with £100k rental income. Exit routes: break-up, refurb, or new build. Break-up value £2.25m–£2.3m with further development upside. Can deal at £1.55m
Member Profile
Private individual
Member code: #08030
Member KYC Status:
Active: 4 days ago

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Member Profile
Private individual
Member code: #08030
Member KYC Status:
Active: 4 days ago