Light-filled one-bedroom needing full modernisation, ideal for cash buyers or investors.
Top/mid-floor flat with southerly views over communal gardens
This compact one-bedroom flat on Makepeace Avenue sits in a period Tudor-style block on the edge of Hampstead Heath. The top/mid-floor apartment benefits from generous natural light, southerly views over communal gardens and lift access, making it a convenient city home or rental unit.
The apartment requires full modernisation throughout — cosmetic and likely functional upgrades are needed to kitchen, bathroom and internal finishes. The building uses a community heating scheme and the property has solid brick walls with assumed no insulation, which will influence renovation scope and costs.
A significant material drawback is the short lease: 64 years remaining. Many mortgage lenders may refuse to lend on this term, so the property is most suitable for a cash buyer, investor prepared to refinance, or someone planning a lease extension. Annual service charge is substantial and should be factored into running costs.
For the right buyer this is a value-driven refurbishment opportunity in a highly desirable N6 location, within walking distance of Swains Lane shops, local cafés and transport links. Clear planning for refurbishment and lease strategy will unlock the flat’s rental or resale potential.
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