Affordable central location for a practical first home or rental.
Top-floor one-bedroom flat, compact 314 sq ft footprint
Chain free sale, ready for immediate occupation or letting
Approx 65–66 years remaining on lease — lenders may refuse
Service charge £828 pa and ground rent £80 pa (modest)
Electric storage heating; double glazing fitted after 2002
Potential rental income approx £1,300 pcm (estimate)
Small rooms and simple kitchen — suitable for single buyer or couple
Located close to North Middlesex Hospital and transport links
This compact top-floor one-bedroom flat offers an affordable entry into North London living, set within a three-storey brick block close to local amenities and transport links. The apartment is chain free and benefits from double glazing and electric storage heating, making it ready to occupy or let with minimal immediate works.
At about 314 sq ft the layout is efficient: a reception room, compact separate kitchen, bedroom and bathroom. Service charge (£828pa) and ground rent (£80pa) are modest for this type of building. The flat could suit a first-time buyer seeking a low-maintenance home or an investor targeting a rental income (local estimate c. £1,300 pcm).
Important note: the lease has only around 65–66 years remaining. That is a material issue — many mortgage lenders will refuse to lend on this property unless the lease is extended. Buyers should obtain independent legal and mortgage advice and factor in the potentially significant cost and time required to extend the lease.
Overall this is a small, practical home in an established residential area. It’s convenient for local schools, hospital and buses, and is offered chain free, but the short lease is the defining constraint and must be addressed before moving forward.