Immediate rental income in a well-connected North London location.
Three bedrooms in a compact 593 sq ft second-floor flat
Currently let at £2,200 pcm — £26,400 annual income
Leasehold with approximately 101 years remaining
Sold at online auction (4th December 2025) — buyers’ fee applies
Single bathroom; small rooms and low kitchen ceiling
Built 1967–75 system-built block; walls likely uninsulated
EPC C; mains gas boiler and radiators
Area records very high crime and high deprivation
A compact three-bedroom second-floor flat in Monksfield on the Six Acres Estate offered for online auction. The property is let on a guaranteed lease rent agreement at £2,200 pcm, producing £26,400 per annum — providing immediate income for a buyer seeking a hands-off investment in a well-connected North London location.
Accommodation is modest at approximately 593 sq ft with a single bathroom, small living/kitchen space and low kitchen ceilings. Built in the late 1960s/early 1970s as a system-built block, the building likely lacks insulated walls; double glazing is present but install date is unknown. EPC C and mains gas heating are positives for compliance and running costs.
The sale is leasehold (about 101 years remaining) and will be sold at online auction on 4th December 2025. There is a buyers’ fee payable and the seller may charge additional completion fees — these are detailed in the legal pack and should be checked before bidding. The surrounding area is inner-city cosmopolitan with excellent transport links, fast broadband and many local amenities, but it also records very high crime levels and high deprivation.
This lot suits an investor seeking immediate rental income and long lease security. It is less suitable for buyers seeking spacious accommodation or a low-maintenance long-term home without further inspection and possible upgrades.
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