Auction sale two-bed near station; best for cash or lease-extension buyers.
Two bedrooms, approximately 55 sq m (592 sq ft) GIA
About 0.1 miles from Hendon Central Underground station
Leasehold with ~53 years remaining — lenders likely to refuse
Auction sale — sold as seen, buy-to-let risk for mortgaged buyers
Small overall size; requires updating and possible refurbishment
High local crime rate — budget for security and management
Excellent mobile signal and fast broadband speeds
Convenient high-street location with shops and Hendon Park nearby
This two-bedroom flat (approx. 55 sq m / 592 sq ft) sits above shopfronts on Watford Way, a short walk (circa 0.1 miles) from Hendon Central station. The location offers strong transport links, quick access to the M1/A406 and nearby green space at Hendon Park. Local amenities and convenience retail are abundant, and mobile and broadband connectivity are excellent.
The property will be sold at auction and carries a lease with approximately 53 years remaining. That limited lease term is the material issue: many mortgage lenders are likely to refuse lending, so this unit is most suitable for cash buyers, specialist lease-extension investors or auction purchasers prepared to manage lease renewal costs. The flat is small and will benefit from refurbishment to realise rental or resale value.
Built above Victorian/Edwardian retail units, the building offers character and clear investment potential for a hands-on buyer. Expect mixed-use footfall from the busy high street; the flat would suit a buy-to-let investor seeking a well-connected, inner-London asset or a buyer experienced in lease extensions and refurbishment projects.
Note the area records higher-than-average crime levels; consider security measures and lettings strategy carefully. The sale is auction-only—viewings and virtual tours are through the auction particulars. All buyers should confirm lender acceptability and factor lease-extension costs into purchase budgeting.
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