Summary - FLAT 12, HIGHBURY GROVE COURT, HIGHBURY GROVE, LONDON N5 2NG
1 bed 1 bath Flat
Cash-ready investors: value-add flat near stations and green space.
Vacant one-bedroom third-floor flat requiring full modernisation
Approximately 42 years remaining on lease — mortgage likely refused
For sale by online auction on 4th December 2025
Close to Highbury & Islington and Canonbury transport links
EPC rating D; gas boiler and radiators in place
Very slow broadband; consider connectivity upgrade costs
Above-average local crime rate — consider security measures
Buyer’s fee £1,200 incl. VAT; possible extra seller completion fees
A one-bedroom third-floor flat in Highbury offered for sale by online auction on 4th December 2025. The property is vacant and requires full modernisation, offering clear scope for an investor or cash-buyer prepared to refurbish and re-let or resell. Its position close to Highbury & Islington and Canonbury stations gives strong transport links and local amenities.
Major financial and legal considerations are plain: the lease has approximately 42 years remaining, which will make mortgage finance unlikely and means any purchaser should budget for a costly lease extension. There is an auction buyer’s fee (£1,200 incl. VAT for lots over £10,000) and the seller may charge additional completion fees detailed in the legal pack.
The building dates from the 1950–66 period and the flat has original features such as parquet flooring and double glazing of unknown age. The property has a current EPC rating of D and main gas boiler heating; broadband speeds are very slow and local crime is above average. Council Tax Band C and a low annual ground rent (£58.40) are practical positives.
This is a straightforward value-add opportunity close to green space (Highbury Fields) and city transport. Suitable buyers are cash investors or developers aware of lease-extension costs, refurbishment needs, and auction purchase fees.
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