Summary - Flat 21, Norman Court, LONDON N3 1QQ
1 bed 1 bath Flat
Chain-free one-bed with long lease and clear refurbishment potential, steps from Finchley Central..
Share of freehold with a 956-year lease remaining
Chain-free sale, ground-floor flat with communal gardens
Approx 615 sq ft — larger-than-average one-bedroom layout
Kitchen dated with floor damage; requires full modernisation
Service charge c. £3,908 per year; ground rent £1 p.a.
Heating via electric storage heaters — potentially high running costs
Excellent mobile and fast broadband; 0.4 miles to Finchley Central station
Area affluent with strong amenities but recorded high crime
This one-bedroom, ground-floor flat in N3 is a clear project opportunity for investors or buyers happy to refurbish and add value. The property benefits from a long lease (956 years) and a share of freehold, keeping future ownership straightforward. It’s chain free and located 0.4 miles from Finchley Central station, with fast broadband and excellent mobile signal — useful for rental demand.
The apartment sits in a modernist mid-20th-century block with communal landscaped gardens. The accommodation totals approximately 615 sq ft, offering space for an open-plan layout or reconfiguration. The kitchen is dated and shows floor damage and stained walls; it will need replacement or comprehensive modernisation to reach market-rental standards.
Running costs and local context are important: the annual service charge is £3,908 and heating is by electric storage heaters, which can be costly and will influence tenant bills. The area is affluent overall with strong local amenities and several well-rated schools nearby, but crime is recorded as high — worth considering for tenant screening and insurance.
Overall, this flat suits an investor or an owner-occupier looking for a value-add refurbishment in a well-connected part of Finchley. The combination of long lease, low ground rent and good transport links underpin long-term appeal, provided the buyer budgets for modernisation and ongoing service charges.
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