Compact two-bed ground-floor flat with garden, close to Ponders End station — lease needs attention.
- Ground-floor 2-bedroom flat, approx. 558 sq ft
- Communal garden and double-glazed windows
- Combi boiler gas central heating (not tested)
- Lease c.85 years — renewal needed for mortgageability
- Service charge approx £165 pcm; ground rent £50 pa
- EPC rating C; council tax band C (affordable)
- Fast broadband and excellent mobile signal
- Area classed as deprived; average local crime levels
A bright, ground-floor two-bedroom flat with a communal garden, offered with immediate occupation. The apartment is compact (approx. 558 sq ft) and presented with laminate floors, double glazing and a fitted kitchen. It benefits from gas central heating via a combi boiler (not tested) and an EPC rating of C. Fast broadband and excellent mobile signal suit working-from-home needs.
Practical running costs are clear: service charge circa £165pcm (about £1,980pa) and a small ground rent of £50pa. Council tax sits at an affordable band C. The flat sits 0.7 miles from Ponders End / Southbury rail links to Liverpool Street, making this a convenient commuter choice for first-time buyers or buy-to-let landlords seeking steady rental demand.
Important lease and condition points: the lease has c.85 years remaining — short enough to demand early renewal for mortgageability and future value protection. The combi boiler has not been tested and the building’s cavity walls are assumed uninsulated; buyers should budget for checks and possible upgrades. The wider neighbourhood is classified as a deprived, multicultural area with average crime levels, which affects long-term capital-growth prospects.
This property suits a pragmatic buyer: someone wanting a ready-to-move-in, low-maintenance flat close to transport links, or an investor targeting reliable rental income. It offers immediate usability with clear, manageable costs, but requires prompt attention to the lease length and routine checks on heating and insulation to secure finance and value.