Summary - Riversdale Road, N5 N5 2JT
1 bed 1 bath Apartment
South-facing one-bedroom in Highbury — bright, compact and auction-ready.
Bright south-facing sash windows and high ceilings
Compact one-bedroom (c.370 sqft) with vacant possession
Sold at auction via Secure Sale; immediate exchange of contracts
Leasehold: 84 years remaining — lease extension recommended
Annual service charge £2,064; ground rent £200
Modern bathroom; built-in wardrobes in bedroom
Solid brick construction, likely uninsulated — potential energy costs
Excellent transport links: Arsenal and Finsbury Park nearby
Light-filled period conversion in Highbury, arranged laterally across the first floor, this compact one-bedroom apartment offers immediate vacant possession and straightforward auction purchase. Large south-facing sash windows and high ceilings create a bright, airy living space, while the double bedroom includes built-in wardrobes and garden-facing views. Finished to a modern standard with a contemporary bathroom, the property suits buyers seeking a ready-to-rent flat or an affordable London home close to amenities.
Buyers should note material constraints: the property is leasehold with 84 years remaining, which is short for many mortgage lenders and will require prompt lease extension. It is being sold via Secure Sale with immediate exchange of contracts and a starting bid of £270,000 — auction terms apply. Annual service charge (£2,064) and ground rent (£200) are payable and should be factored into running costs.
The location is a strong practical advantage: Highbury’s shops, cafes and parks are within easy reach, with Arsenal and Finsbury Park stations providing Piccadilly, Victoria and overground links. Excellent broadband and mobile signal, low flood risk and nearby top-rated schools make it suitable for first-time buyers wanting local conveniences or investors targeting steady rental demand.
Overall this is a small, well-presented period flat with clear upside for buyers prepared to manage the lease issue and transact via auction. Consider budgeting for a lease extension and any future energy-efficiency improvements (solid brick walls likely uninsulated).
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