Summary - 437B KINGSBURY ROAD LONDON NW9 9DT
2 bed 1 bath Flat
Auction sale with quick completion; ideal for cash buyers or experienced investors.
Vacant second-floor two-bedroom flat, approx. 499 sq ft
Sold at public auction on 12 Nov; 8-week completion available
Short lease: c.56 years unexpired — lenders likely to refuse mortgages
Lease-extension will incur a premium and legal/process costs
Close to Kingsbury station (Jubilee), shops and Roe Green Park
EPC C; mains gas boiler and radiators in place
Built pre-1900, solid brick walls — likely no insulation, may need upgrades
Area shows high crime rates; factor into letting/resale considerations
A compact vacant two-bedroom flat on the second floor of an early 20th-century mixed-use building. At about 499 sq ft, the layout is open-plan and suits a buy-to-let or a hands-on refit for resale. The property is offered at auction with an 8-week completion option, allowing a quick purchase route for cash buyers or experienced investors.
The most important practical point is the short unexpired lease (approximately 56 years). Many mortgage lenders will refuse to provide finance on this level of unexpired term; extending the lease would require serving a Section 42 notice and paying a premium to the freeholder. Budget and legal advice are essential before bidding.
Positioned near Kingsbury Underground (Jubilee line), local shops and Roe Green Park, the flat benefits from strong transport links and local amenities. Broadband speeds are fast and mobile signal is excellent. EPC rating C and gas central heating are positives, but the building’s solid brick construction likely lacks wall insulation and may need improvement works.
This sale suits a cash investor or a buyer who understands lease-extension costs and auction purchase procedures. The flat’s size and condition offer refurbishment potential, but factor in high local crime levels and the additional costs to make the property mortgageable and let-ready.
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