Generous 773sqft two-bedroom flat with terrace, minutes from Oakwood station ideal for first-time buyers.
773 sq ft generous two-bedroom ground-floor apartment
This roomy ground-floor flat offers an unusually generous 773 sqft for a two-bedroom property, with two double bedrooms, a separate reception and a private terrace. Located a short walk from Oakwood Underground (Piccadilly Line), it suits commuters and buyers seeking easy access to central London. Nearby green spaces, local shops and good schools add practical appeal for first-time buyers and renters.
The apartment is presented in generally sound decorative order but would benefit from updating to maximise value — kitchens and bathrooms appear dated and some modernization will add strong rental or resale yield. The building dates from the mid-20th century and communal areas will require ongoing maintenance; buyers should budget for potential works to windows, roof and brickwork over time.
Important practical considerations: the flat is leasehold with 82 years remaining, which is short enough to affect mortgageability and value and will require a lease extension. Annual service charge is around £1,728 with a nominal ground rent of £10; the walls are cavity-built with no added insulation assumed. These are factual points to weigh against the flat’s size and location before viewing.
Overall, this property will appeal to first-time buyers seeking roomy accommodation close to transport and to investors looking for a lettable two-bedroom with outdoor space. The combination of size, location and outside space is a clear strength, but the lease length and likely need for modernization are material factors for purchase planning.