Summary - Holdenhurst Avenue, North Finchley, N12 N12 0HX
3 bed 1 bath Maisonette
Chain-free project near Victoria Park with loft conversion potential.
Three-bedroom first-floor maisonette, 773 sq ft.
A 3-bedroom first-floor maisonette offering 773 sq ft of living space in a tree-lined North Finchley street, sold chain free. The flat requires full modernisation, so it will suit a buyer prepared to invest time and cash into refurbishment. There is loft access with clear scope for a loft conversion (subject to planning permission) to add meaningful accommodation or value.
Major practical points are straightforward: gas central heating with a boiler and radiators, secondary glazing, a small front garden and low local crime. The building is solid brick with no fitted insulation, so upgrading thermal performance is an obvious improvement opportunity. Local amenities and green space are immediate benefits — Victoria Park is a short walk away and several well-rated schools are within easy reach.
A material drawback is the lease length: approximately 45 years remain. That short lease will make most high-street mortgage lenders refuse to lend, so this is effectively a cash-purchase opportunity unless the buyer can extend the lease beforehand. Ground rent is modest (£100) but the lease situation is the primary transaction consideration. Investors or experienced refurbishers who can manage a short-lease purchase, potential lease extension costs, and renovation will find genuine upside in this location.
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