Summary - 26 LINNET CLOSE LONDON N9 8UH
1 bed 1 bath Flat
Cash buyers or experienced investors only — short lease limits mortgage options.
- Ground-floor one-bedroom flat, 400 sqft
- Realistically priced at £160,000; offer received at £156,000
- Tenant-in-situ option or sold vacant
- 63 years remaining on lease — mortgage lenders may refuse
- Annual service charge approximately £1,850; ground rent £150
- Electric storage heating; will need modernisation
- Small private garden; double glazing present (install date unknown)
- Area: fast broadband, excellent mobile signal, above-average crime
A realistically priced one-bedroom ground-floor flat in Linnet Close, offered with tenant in situ or vacant. The compact 400 sqft layout suits a single occupant or couple and includes a reception room, separate kitchen and a small private garden. Broadband is fast and mobile signal excellent, with convenient access to local buses and amenities.
Important considerations are the short lease (63 years remaining) and service charges/ground rent: annual service charge c.£1,850 and ground rent £150. The lease length may prevent many mortgage lenders from offering finance, so buyers should check funding options early. Heating is via electric storage heaters and the property will benefit from modernisation throughout.
This property will appeal to cash buyers or experienced investors seeking immediate rental income, and to first-time buyers who can arrange specialist lease-extension or cash purchase. Viewing is recommended to assess condition and potential refurbishment scope.
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