Buy-to-let with long lease and immediate rental income potential.
Near White Hart Lane station, about 0.1 miles away
Set for sale at auction, this one-bedroom leasehold flat sits on Somerset Gardens close to White Hart Lane station. The property is sold with an existing assured shorthold tenancy in place, making it immediately suitable for a buy-to-let investor or someone prepared to wait for vacant possession. The lease has approximately 154 years remaining, providing long-term security for ownership.
The block dates from the 1980s with a red-brick Tudor-revival appearance and on-site parking. The flat offers a reception room, separate kitchen, bedroom and bathroom in a compact layout typical of inner-city apartments. Broadband speeds are fast and mobile signal is excellent, useful for remote working or tenant demand.
Location is a clear strength: White Hart Lane station is about 0.1 miles away with direct links to central London, North Middlesex University Hospital is 0.6 miles north, and Bruce Castle Park is within walking distance. Local shops, buses and other amenities are nearby, and several primary and secondary schools have Good Ofsted ratings.
Buyers should be aware of material considerations: the area records above-average crime and ranks as very deprived, which can affect rental demand and resale values. The property will be sold at auction and viewing/virtual tour arrangements are made via the auction catalogue. No major flooding risk is recorded, but the flat may require updating depending on tenant condition; purchasers should budget for inspection and any refurbishment if aiming for higher rental yields.
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