Chain-free two-bed ground-floor flat near Enfield Lock — needs full refurbishment and lease attention.
Chain-free ground-floor flat with communal grounds and residential parking
This chain-free, ground-floor two-bedroom flat sits in a well-maintained modern block in Enfield Lock, minutes from local shops and rail links to Tottenham Hale and London Liverpool Street. The layout includes an 18ft lounge/diner, two double bedrooms, fitted kitchen and bathroom, communal grounds and unallocated residential parking — a practical entry-level home or a rental proposition for investors.
Important practical facts: the lease has 76 years remaining and mortgage lenders may refuse to lend without a lease extension. The property needs full refurbishment throughout, and running costs include a high service charge (approx. £3,984pa) and a small ground rent (£200pa). Electric storage heating and double glazing are installed, but the home will require updating to modern energy and comfort standards.
The location benefits—good mobile signal, fast broadband, nearby schools rated Good, and straightforward commuting—will appeal to first-time buyers who can manage renovation or investors prepared for a refurb and lease work. Be aware the local area records very high crime and higher deprivation than average; factor in security and resale considerations.
This is a value-led opportunity for someone looking to add their own refurbishment and deal with lease extension plans. For buyers seeking a move-in-ready home, the renovation and lease issues are material and likely to affect mortgage availability and costs.