# 2 bedroom flat for rent (N7 8RE)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 5, 104 MACKENZIE ROAD, LONDON, GREATER LONDON N7 8RE |
| Price | £2,275 pcm |
| Bedrooms | 2 |
| Construction age | England and Wales: 2012 onwards |
| Floor area | 70 m² |
| Last sold | £575,000 Jan 2014 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 10/03/2032

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0310-2319-8170-2592-4405)

## Description

Situated within a newly renovated period conversion, this light and contemporary two bedroom property benefits from a wealth of modern fittings whilst retaining original features. The reception area features French doors leading on to a Juliet balcony, with an open plan (fully integrated) kitchen. The bedrooms are both well proportioned, and the bathroom is finished to a high specification.

Mackenzie Road is located moments from Paradise Park, and is within close proximity of Caledonian Road Tube Station (Picadilly Line) and Highbury & Islington Station (Victoria Line/Overground). There are also a plethora of amenities on Holloway Road, Highbury Corner and Upper Street.

## Property Photos

- ![Photo](/listings/photos/42807646/1588061)
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- ![Photo](/listings/photos/42807646/1588063)
- ![Photo](/listings/photos/42807646/1588064)
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- ![Photo](/listings/photos/42807646/1588071)
- ![Photo](/listings/photos/42807646/1588076)
- ![Photo](/listings/photos/42807646/1588082)
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- ![Photo](/listings/photos/42807646/1588087)
- ![Photo](/listings/photos/42807646/1588090)
- ![Photo](/listings/photos/42807646/1588092)

## Floorplans

- ![Floorplan 1](/listings/photos/42807646/1588095) - Floorplan 1
- ![Floorplan 2](/listings/photos/42807646/1588097) - Floorplan 2

## Rental Range

*ONS Price Index of Private Rents (Islington). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,559/mo
- **Realistic:** £2,843/mo
- **Optimistic:** £3,127/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £972/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Westbourne Road, N7 | £8,000/mo | 2 | 0.03 miles | OpenRent |
| 2 Bed Flat, Xchange Point, N7 | £2,900/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Holloway Road, N7 | £2,300/mo | 2 | 0.43 miles | OpenRent |

**Average rent: £4,400/mo (3 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £2,900/mo).*

- **Gross yield:** 1529.7%
- **Monthly cashflow:** £2,576/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4685.5%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £33/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)