Summary - Flat 11 Farnham Court, Holmleigh Road Estate, LONDON N16 5QF
2 bed 1 bath Flat
Auction sale with short-term vacant possession potential for hands-on investors.
Produces £21,000 per annum rental income (tenant holding over)
Section 21 served; tenant to vacate after 21 Dec 2025
Leasehold with approximately 90 years remaining
Small overall size — 491 sq ft; compact accommodation
Open-plan reception with contemporary kitchen; one bathroom
Includes a small private garden for a flat of this type
Located near Stamford Hill and Seven Sisters stations
Area classified very deprived; crime levels above average
A two-bedroom second-floor flat offered at auction with immediate investor potential. Currently tenanted and producing £21,000 per annum, the property is being sold with a tenant holding over; a Section 21 notice requiring possession after 21 December 2025 has been served. The guide price is £225,000 and the sale is leasehold with approximately 90 years remaining.
The 491 sq ft apartment features an open-plan reception and kitchen, two bedrooms, one bathroom and a small private garden — compact accommodation suitable for rental or refurbishment. The block is a mid-20th century brick purpose-built development close to Stamford Hill and Seven Sisters stations, with good mobile and broadband connectivity and nearby local amenities and green space.
This is a clear income-focused opportunity: current rent equates to the stated annual income, and vacant possession will be achievable after the Section 21 expiry. Buyers should note the lease length (c.90 years), the property’s small size, and that the surrounding area is classified as very deprived with above-average crime; these factors will influence mortgage availability, valuation and lettability.
Suitable for investors who can manage a short tenancy exit and either retain the existing rental income or invest in modest updating. Legal pack inspection is essential prior to bidding; the property will be sold at public auction on 12 November 2025.
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