Compact two-floor home with parking and excellent transport connections.
Chain-free duplex over two floors, kitchen, lounge, bathroom and attic bedroom
61 years remaining on lease; extension quote just over £30,000
Mortgage lenders may refuse or require lease extension before lending
Allocated off-street parking and communal gardens included
Good transport links: walking distance to Cheshunt and Theobalds Grove stations
Electric storage heaters and partial secondary glazing; higher running costs likely
Approx. 600 sq ft; average-sized rooms with low attic ceiling upstairs
Cheap council tax; area classed as deprived — local amenities nearby
This chain-free duplex apartment offers a compact, modern living space arranged over two floors, ideal for a first-time buyer seeking a stepping-stone into the market. The layout places living, kitchen and bathroom on the lower floor with a double bedroom in the attic-style upper level. Allocated off-street parking and communal gardens are useful extras while nearby train stations and shopping centres give strong transport and amenity access.
Buyers should note the lease has 61 years remaining; the vendor has a quoted cost of just over £30,000 to extend it to 125 years. Mortgage lenders often require a longer lease, so expect to involve a broker and solicitor to confirm affordability and how the extension cost could be financed. This is a material factor for anyone needing a mortgage and affects buyer suitability.
The building is of modern construction with timber-frame walls, partial secondary glazing and electric storage heaters. These features keep maintenance simple but mean heating runs on electricity, which can be more expensive than gas. The property has low-energy lighting fitted and standard ceiling heights, but the upper bedroom has a lower attic-style ceiling.
Overall this property suits a hands-on first-time purchaser or investor prepared to manage the lease extension process. Its transport links, allocated parking and compact, straightforward layout give practical value, while the lease position and electric heating are important practical considerations to budget for before committing.
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