Summary - 2 CHANDOS PARADE, BUCKINGHAM ROAD, EDGWARE HA8 6DX
1 bed 1 bath Flat
Investor-ready leasehold unit with steady rental income and private garden.
• Assured Shorthold Tenancy in place producing £17,400 per year
• Guide price £200,000; offered for sale by public auction
• Approximately 111 years remaining on the lease (leasehold)
• Private front garden and off-street parking included
• Cannons Park Jubilee line station ~0.4 miles away
• Broadband speeds reported slow; check connectivity for tenants
• EPC rating C; double glazing and mains gas central heating
• Public notice/repossession recorded — review legal pack carefully
Set within a contemporary purpose-built block in Edgware, this ground-floor one-bedroom flat offers immediate rental income and practical owner or investor appeal. It is sold at public auction with a guide price of £200,000 and currently let on an Assured Shorthold Tenancy producing £1,450 pcm (£17,400 pa), making it attractive for buyers wanting an income-producing asset.
The flat benefits from a private front garden, off-street parking and double glazing, plus an EPC rating of C. Cannons Park underground (Jubilee line) is about 0.4 miles away, and local primary and secondary schools with Good Ofsted ratings are within reach, supporting future tenant demand.
Important considerations: the property is leasehold (approximately 111 years remaining) and will be sold at auction — buyers should consult the legal pack before bidding. Broadband speeds in the area are reported slow, and the property sits in a comparatively deprived local area; average crime levels are recorded. There is also a public notice/repossession on file, which requires careful review of the legal documents.
Overall, this is a pragmatic, modern flat for investors seeking an immediate let, or for buyers prepared to maintain a rented property with straightforward upkeep. Viewing of the legal pack and awareness of auction timescales are essential before purchase.
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