Investor-ready one-bedroom with substantial refurbishment and extension potential near Central Line links.
- Chain-free ground-floor maisonette with private rear garden
- Circa 520 sq ft; one double bedroom and separate kitchen
- Requires full refurbishment throughout
- Lease only about 15 years remaining; costly extension needed
- Lease extension estimated circa £180k–£200k
- Sold by auction; reservation and buyer’s fees apply
- Low ground rent (£50) and affordable council tax
- Area has higher crime and local deprivation statistics
A ground-floor, one-bedroom maisonette with its own entrance and private rear garden, offered chain-free via Modern Auction. The property extends to around 520 sq ft and sits close to Hanger Lane and Park Royal stations, putting Central and Piccadilly line links within easy reach.
Suitable for an investor or a buyer willing to refurbish, the flat requires full renovation and a significant lease extension (circa £180,000–£200,000 quoted). The current lease has about 15 years remaining, which may prevent some lenders from offering mortgages and will be a material cost to resolve.
Practical positives include a low ground rent (£50), affordable council tax banding, fast broadband and excellent mobile signal. Note the area records higher-than-average crime and local deprivation, and the rear garden and some exterior elements show neglect and will need works.
The sale is by Modern Auction: buyers should allow for an undisclosed reserve price, non-refundable reservation fee (4.5% of purchase price, minimum applies), buyer’s fees and other auction costs. Prospective purchasers must review the Buyer Information Pack and carry out their own due diligence before bidding.
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