Spacious 1-bed ground-floor flat with garden and study, ideal for first-time buyers seeking value..
Ground-floor converted flat with private garden
A bright ground-floor converted 1-bedroom flat with a flexible second room and private garden, set in an Edwardian terrace near Silver Street station. The layout offers generously sized rooms and high ceilings, giving a sense of space unusual for this price band. Gas central heating with a combi boiler and full double glazing reduce immediate running-cost concerns.
This property is offered chain free on an 85-year lease, making it suitable for a first-time buyer or investor prepared to manage a medium-term lease. The apartment sits minutes from local transport links and North Middlesex Hospital, and benefits from several well-rated primary and secondary schools nearby, including an Outstanding-rated option.
There are some clear considerations: the wider area is classified as deprived with relatively high crime levels, and external parts of the building appear neglected and may need maintenance. Broadband speeds are slow locally. These factors lower overall values but also create potential for buyers seeking a value purchase to add equity through refurbishment.
Practical positives include a private garden (rare for flats), low council tax, low ground rent, and chain-free sale. Buyers should factor in lease length when arranging finance and budget for external and cosmetic works to maximise the flat’s potential.