Small, income-ready two-bed flat with parking and tenants in situ — 87-year lease..
Two bedrooms, approx. 441 sq ft (small flat)
A compact two-bedroom second-floor flat in Edmonton offering immediate rental income or straightforward vacant possession. At about 441 sq ft this purpose-built flat is a small, low-maintenance home suited to buy-to-let portfolios or first-time buyers seeking an affordable London entry. The property is offered with tenants in situ, providing instant yield, or can be sold vacant for a homeowner purchaser.
Practical features include an allocated off-street parking space, communal front lawn, and reliable fast broadband and excellent mobile signal — useful for tenants and home workers. The building exterior appears well maintained with mid‑20th century modernist brickwork and simple communal areas; external upkeep needs are modest.
Important considerations: the flat is leasehold with 87 years remaining, a service charge of about £1,870 a year and a small ground rent of £10. The accommodation is small (441 sq ft) and located in an area classed as very deprived, which can affect long‑term capital growth and mortgage options for some buyers. EPC currently around band D; minor improvements could raise rent and energy performance.
This is a pragmatic, income-focused opportunity rather than a spacious family home. It will suit investors seeking immediate rental returns, or buyers after an affordable starter flat with easy transport links to central London and local amenities.