Vacant two-bedroom investment near station — quick auction sale.
Vacant two-bedroom ground-floor maisonette, ready for immediate occupation or letting
Sold by online auction — six weeks completion required
Leasehold with 78 years remaining — mortgage risk for some lenders
Approx 588 sq ft; small overall size
Private entrance, communal gardens and on-street parking
Close to Northwood Hills high street and Metropolitan line station
Above-average local crime rate — factor into tenancy and insurance
Built 1950s; likely scope for modernisation and energy improvements
This ground-floor two-bedroom maisonette in Northwood Hills offers clear investor potential and straightforward resale appeal. Set on a quiet road close to the high street and Metropolitan line, the flat is vacant and ready for immediate re-letting or refurbishment to increase rental income.
The accommodation includes two double bedrooms, a separate lounge, a sizeable kitchen and a bathroom over approximately 588 sq ft. The property benefits from a private entrance, well-maintained communal gardens and convenient on-street parking. Local schools, shops and transport links are all within easy walking distance, supporting long-term rental demand.
Important considerations: the property is leasehold with 78 years remaining. That limited lease length may restrict mortgage options and could reduce market value until extended. The sale is by online auction with a required six-week completion, so purchasers must be prepared for a quick exchange and to buy with limited pre-sale negotiation.
For an investor prepared to act at auction, this maisonette offers a fast purchase route into a strong rental area. For buyers considering owner-occupation, factor in potential lender restrictions and the likely need for lease extension and modest modernisation to maximise value.
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