Summary - 49 Somerset Road, New Barnet, BARNET EN5 1RF
1 bed 1 bath Apartment
Compact, well-located flat with parking and conversion potential.
Lower-ground one-bedroom apartment with private paved garden
Off-street parking for one vehicle to the front
164-year lease remaining; peppercorn ground rent
No service charge; building insurance £881.18 annually
Basement area could convert to bedroom (consents required)
Some modernisation required to maximise comfort and value
Lower-ground position may reduce natural light levels
Solid brick walls assumed uninsulated, potential heat loss
Set on a residential street within easy reach of New Barnet station, this lower-ground one-bedroom apartment offers compact, practical living with private outdoor space and off-street parking. The property is part of a larger Victorian semi-detached building, retaining period character and offering clear scope to personalise and improve.
The apartment includes a reception room, fitted kitchen/breakfast room, double bedroom with built-in wardrobes, bathroom and a basement area with potential to convert into additional sleeping accommodation subject to freeholder consent and planning permission. The long lease (164 years) and peppercorn ground rent make ownership straightforward, and there is no service charge to budget for; building insurance is listed at £881.18.
Highlights include a private paved garden, single off-street parking space and good transport links to central London via New Barnet mainline station. The lower-ground position means natural light can be more limited than upper-floor flats, and parts of the interior will benefit from modernisation to maximise comfort and rental or resale value.
This apartment suits a first-time buyer or buy-to-let investor looking for an affordable entry into an affluent, well-connected area, with realistic potential to increase usable space if planning and freeholder permission are obtained. Note the property was originally constructed c.1900–1929 with solid brick walls (assumed uninsulated) and uses mains gas central heating via boiler and radiators.
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