Affordable one-bedroom flat with secure parking — ideal for first-time buyers or investors..
Small 1-bed flat — approximately 320 sq ft
Secure underground parking within gated development
About 90 years remaining on lease (check extension cost)
Service charge ~£1,039 pa; ground rent £125 pa
Electric room heaters — higher running costs likely
Area classified as deprived; local crime above average
Fast broadband and excellent mobile signal
Built 1983–1990; communal grounds well maintained
This compact one-bedroom flat offers an affordable entry into Palmers Green within a private gated development. At about 320 sq ft the apartment is arranged in a traditional layout with a bright reception room leading to a fitted kitchen, a double bedroom with fitted wardrobes and a contemporary bathroom. Secure underground parking is included — a valuable convenience in this part of north London.
Practical strengths include good fitted storage, double glazing and fast broadband with excellent mobile signal. The block was built in the 1980s and the communal grounds are well maintained; landscaped setting and gated access give added privacy and security. The low flood risk and proximity to local shops, bus links and several well-rated primary and secondary schools make this a practical choice for first-time buyers or an entry-level buy-to-let.
Notable considerations: the flat is small (around 320 sq ft) so it suits singles or couples rather than families. Heating is by electric room heaters which can be costly compared with gas central heating. The property sits in an area classified as deprived and local crime levels are above average; buyers should factor this into insurance and personal-safety planning. The lease has about 90 years remaining, there is an annual service charge (about £1,039) and a ground rent of £125 — these running costs affect mortgage options and rental yields.
Overall this is a well-presented, low-maintenance flat offering secure parking and good connectivity, priced to reflect its size and local market. It will suit a buyer seeking an affordable foothold in north London or an investor able to manage the running costs and lease considerations.