Summary - Flat C, 47 Elder Avenue, Hornsey N8 8PS
1 bed 1 bath Flat
Characterful Victorian flat near Crouch End — great location but short lease needs attention.
Around 550 sq ft one-bedroom period flat with high ceilings and bay window
Separate reception room, kitchen and bathroom; light, characterful rooms
Electric storage heating; may need modern heating upgrade
Solid brick walls likely uninsulated — potential insulation costs
Leasehold with approximately 46 years remaining — lenders may refuse
Close to Crouch End Broadway, parks, Hornsey station and good schools
Fast broadband and excellent mobile signal; no flood risk
Council tax band is low
Light, characterful one-bedroom period flat in a Victorian terraced building, set close to Crouch End Broadway. High ceilings, a bay window and a separate reception room give a sense of space across the flat’s c.550 sq ft. The location delivers easy access to local shops, cafes, parks and good schools, with Hornsey station and multiple bus routes for London links.
The flat suits a buyer seeking period features and renovation potential rather than a fully modernised home. Heating is electric storage and the building’s solid brick walls likely lack insulation, so upgrading heating and thermal efficiency would be advisable. Council tax is low and there is no flood risk.
Buyers should note the lease has about 46 years remaining. That level can cause mortgage lenders to refuse loans and will affect resale and lease-extension costs — this is a material issue for anyone requiring mortgage finance. Broadband and mobile signals are strong and the surrounding area is well served by local amenities and schools.
Overall this property is a good match for a cash buyer, investor aware of lease risks, or a buyer planning refurbishment and willing to handle a lease extension. It offers period charm and convenient Crouch End/Hornsey location, but requires informed budgeting for energy, heating upgrades and lease solutions.
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