Summary - FLORIN COURT, 54 FLAT 14 STATHAM GROVE LONDON N18 1UD
1 bed 1 bath Flat
Secure income-producing flat near schools and transport links for buy-to-let portfolios.
- One-bedroom leasehold flat with tenant in situ
- Produces £16,200pa gross income (tenant wishes to remain)
- Asking price £193,000 implies c. 8.4% gross yield
- Spacious lounge, modern kitchen and three-piece bathroom
- On-street parking; communal external space is limited
- Located in N18: very high crime and very deprived area
- Buyers Premium applies on sale; check Let Property Pack
- Lease details, service charges and repairs require verification
This one-bedroom leasehold flat in N18 is offered with a tenant in situ, producing an annual gross income of £16,200. Its spacious lounge, modern kitchen and straightforward floorplan make it an easy addition to a buy-to-let portfolio. Street parking and good local amenities support rental demand.
Located in a low-rise 1970s brick block, the property appears well maintained externally and benefits from excellent mobile signal and fast broadband — practical positives for long-term lets. The area has several good local schools and public transport links that appeal to commuter tenants.
Key investment facts are clear: the current income implies a gross yield of about 8.4% at the asking price of £193,000, and the tenant wishes to remain. The sale is accompanied by a Let Property Pack for detailed tenancy information.
Buyers should note material considerations plainly: the flat is leasehold (terms and ground rents should be checked), located in an area recorded as very deprived with very high crime, and external communal areas and access require routine maintenance. A physical inspection and full schedule of accommodation are recommended before valuation or refurbishment planning.
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