Cash-buy renovation opportunity near New Barnet station with garage and garden — short lease..
One bedroom first-floor maisonette with reception room
Garage and private garden included
About 0.7 miles from New Barnet railway station
Requires full modernisation throughout
36 years remaining on lease — mortgage unlikely
Cash buyers only; chain free sale
Low crime area with fast broadband and excellent mobile signal
Built c.1900-1929 with solid brick walls (likely uninsulated)
This first-floor one-bedroom maisonette offers a compact, traditional layout with genuine renovation potential in New Barnet. The property includes a reception room, kitchen, bathroom, garage and a private garden — features that are hard to find at this price and size in the area.
Important to note: the lease has 36 years remaining (99 years from 24 June 1962). That short lease means most mortgage lenders will refuse to lend; the sale is effectively for cash buyers only. The flat requires modernisation throughout, so budget for refurbishment and possible heating/insulation upgrades.
Location is a practical advantage: about 0.7 miles from New Barnet railway station, nearby shops and several well-regarded schools including Ark Pioneer Academy and Queen Elizabeth's Girls' School. The area has low crime, fast broadband and good mobile signal, making it suitable for a buy-to-let investor or a buyer prepared to renovate for resale or owner-occupation.
Chain free sale and a garage add convenience and resale appeal after refurbishment. Buyers should obtain independent legal and survey advice on lease length, mortgageability and refurbishment costs before proceeding.
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