Well‑connected duplex with renovation upside suited to auction buyers.
Leasehold maisonette with approx. 73 sq m (786 sq ft)
Sold by conditional online auction; reservation fee applies
Approx. 110 years lease remaining; ground rent £300 pa (25‑yr reviews)
Buyer's admin fee £2,700 inc VAT plus non‑refundable £6,000 reservation
Ground and lower‑ground layout; basement bedrooms with light shaft
Solid brick walls; no confirmed cavity wall insulation (energy and costs)
EPC rating D; gas boiler and radiators heating
Location close to Canonbury, Dalston and Highbury transport links
Set across ground and lower-ground floors of a Georgian terrace, this 2‑bed maisonette offers 73 sq m (786 sq ft) of flexible living in a well-connected Islington/Dalston location. The principal reception and kitchen/diner are generous with high ceilings, herringbone wood flooring and a light shaft/skylight that brings daylight down to the lower level. Two double bedrooms occupy the basement level, one with an en‑suite W/C and a separate shower room; there is a small patio to the rear.
This lot is sold at a conditional online auction. The sale includes a non‑refundable reservation fee (£6,000) and a buyer’s admin fee (£2,700 inc. VAT), with 28 days to exchange once the reservation agreement is in place. The flat is leasehold (about 110 years remaining is stated) with a ground rent of £300 per annum that reviews every 25 years.
Practical considerations are clear: the building is traditional solid brick with no confirmed wall insulation, an EPC D, and gas central heating via a boiler and radiators. The lower‑ground bedrooms are served via a light vestibule/shaft rather than large windows, and some rooms are compact. The property sits in a higher‑crime, relatively deprived ward and attracts above‑average council tax — factors to weigh against location and rental/occupational demand.
This is best suited to an investor or buyer prepared to proceed at auction and carry out targeted upgrades (thermal improvements, possible cosmetic refurbishment) to maximise rental yield or resale value. Due diligence is essential: check the legal pack, service/repair history, tenancy status, and exact lease terms before bidding.
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