Summary - 80b Seymour Avenue N17 9ED
1 bed 1 bath Studio
High-yield studio with immediate income and development upside.
Freehold ground-floor studio sold with tenants in situ
Currently generates £14,400pa — approx 15% gross yield
Recently refurbished interior with modern kitchenette and shower
Potential to add additional storeys (subject to planning permission)
EPC rating E; electric room heaters may mean higher running costs
Solid brick walls with no known insulation; possible retrofit needed
Small footprint and plot; limited living space for owner-occupiers
Auction sale — 5% deposit and buyer’s fees apply; read Legal Pack
This ground-floor freehold studio is offered at auction and sold with tenants in situ, producing a current rental income of £14,400 per year — approximately a 15% gross return against the guide price. The flat has been recently refurbished with contemporary finishes, making it a straightforward income asset for a landlord seeking immediate cashflow. Bids must follow the auction timetable (sale 27.11.2025) and buyers should review the Legal Pack carefully; a 5% deposit and buyer’s fees apply.
The accommodation is a compact open-plan studio with a small modern kitchenette and shower room. Practical positives include double glazing, fitted storage cabinets and included appliances; the property benefits from fast broadband, excellent mobile signal and low local crime. Its freehold status and the stated potential to add additional storeys (subject to planning permission) present development upside for a buyer prepared to pursue consents.
Buyers should note material drawbacks: the EPC is rated E and heating is by electric room heaters, which may increase running costs; the building appears to have solid brick walls with no known insulation. The plot and internal footprint are small, and the wider area is recorded as deprived — factors to weigh against the strong rental yield. The property is best suited to investors or developers who understand auction purchase terms and are comfortable with tenancy-in-situ and possible refurbishment or redevelopment work.
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