# 2 bedroom flat for rent (N7 8RE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 90 MACKENZIE ROAD, LONDON, GREATER LONDON N7 8RE |
| Price | £2,100 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £615,000 Aug 2007 |

## Description

**NO LOUNGE / NO SEPARATE LIVING ROOM**

Alex Crown are pleased to present this well-located two-bedroom flat on Mackenzie Road, N7, offering approximately 334 sq. ft. of accommodation.

The property comprises two double bedrooms, a separate fitted kitchen and a bathroom with WC. Please note that there is no lounge or separate reception room within the flat.

Ideally positioned for commuters, the property is approximately a five-minute walk from Caledonian Road Underground Station and around nine minutes from Holloway Road Underground Station, providing excellent connections across London.

Mackenzie Road is also within easy reach of a wide selection of local shops, supermarkets, cafés, restaurants and everyday amenities, making this a convenient home for students or professional sharers.

## Property Photos

- ![Photo](/listings/photos/90938229/1588067)
- ![Photo](/listings/photos/90938229/1588069)
- ![Photo](/listings/photos/90938229/1588075)
- ![Photo](/listings/photos/90938229/1588078)

## EPC Graphs

- ![EPC graph](/listings/photos/90938229/1588080) - EPC graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 90 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £615,000 | 08/08/2007 | Terraced |
| 90 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £290,000 | 06/01/2003 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 54A WESTBOURNE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8AB | £847,000 | 30/01/2026 | Flat |
| 48 BASEMENT AND GROUND FLOOR FLAT WESTBOURNE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8AB | £945,000 | 05/12/2025 | Flat |
| 56 FLAT 3 WESTBOURNE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8AB | £650,000 | 10/02/2025 | Flat |
| PRICHARD COURT FLAT 46 GEORGES ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8HZ | £477,000 | 05/02/2025 | Flat |
| [Same street] 100 FLAT 4 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £480,000 | 30/10/2024 | Flat |
| [Same street] 106A MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £330,000 | 15/07/2024 | Flat |
| PRICHARD COURT FLAT 40 GEORGES ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8HZ | £445,000 | 10/10/2023 | Flat |
| [Same street] 106B MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £420,000 | 01/06/2023 | Flat |
| 1 VULCAN WAY, LONDON, ISLINGTON, GREATER LONDON, N7 8XP | £365,000 | 13/03/2023 | Flat |
| ST. JAMES SCHOOL FLAT 5 GEORGES ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8HD | £875,000 | 20/12/2022 | Flat |
| [Same street] 104 FLAT 3 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £410,000 | 18/11/2022 | Flat |
| 46 WESTBOURNE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8AB | £1,700,000 | 03/11/2022 | Flat |
| 46 WESTBOURNE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8AB | £1,875,000 | 03/11/2022 | Flat |
| 46 WESTBOURNE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8AB | £1,600,000 | 03/11/2022 | Flat |
| 32 ADAMS PLACE, LONDON, ISLINGTON, GREATER LONDON, N7 8QH | £216,000 | 30/09/2022 | Flat |
| PRICHARD COURT FLAT 35 GEORGES ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8HZ | £445,000 | 15/09/2022 | Flat |
| 48 FLAT 3 WESTBOURNE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8AB | £790,000 | 09/09/2022 | Flat |
| [Same street] 104A MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £275,000 | 05/08/2022 | Flat |
| [Same street] 106A MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £310,000 | 22/07/2022 | Flat |
| BROOKE LODGE, 137 - 139 FLAT 4 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8QT | £360,000 | 05/07/2022 | Flat |
| BROOKE LODGE, 137 - 139 FLAT 3 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8QT | £360,000 | 05/07/2022 | Flat |
| 75 LOUGH ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RH | £920,000 | 10/06/2022 | Flat |
| BROOK LODGE FLAT 7 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8QT | £350,000 | 22/04/2022 | Flat |
| BROOKE LODGE, 137 - 139 FLAT 5 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8QT | £350,000 | 22/04/2022 | Flat |
| ST. JAMES SCHOOL FLAT 8 GEORGES ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8HD | £445,000 | 06/04/2022 | Flat |
| [Same street] 104 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £55,000 | 08/03/2022 | Other |
| [Same street] 102 MACKENZIE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8RE | £55,000 | 08/03/2022 | Other |
| 50 FLAT 1 WESTBOURNE ROAD, LONDON, ISLINGTON, GREATER LONDON, N7 8AB | £900,000 | 03/03/2022 | Flat |

**Street average:** £291,875 (8 sales)
**Area average:** £745,750 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £524,598 (82 Flat, N7, 2024–2026)
- **Deviation:** -99.6%

## 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)**

## 1% Rule

- **Rent ratio:** 138.1% (strong)
- **Max investor price (0.8%):** £362,500
- **Target investor price (1%):** £290,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

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

- **Gross yield:** 1657.1%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £2,577/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5077.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 10.7%
- **10y growth:** -2.2%

## House Price Index (HM Land Registry)

*Official index for Islington; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -6.1%
- **5y growth (index):** -2.8%
- **10y growth (index):** 1%

## 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)