Summary - 128B ORDNANCE ROAD ENFIELD EN3 6BU
1 bed 1 bath Flat
Affordable entry-level property with immediate occupation and upgrade potential.
One double bedroom in a compact 409 sq ft layout
Vacant possession and ready to occupy
New double glazing and new gas central heating boiler
Leasehold with only ~60 years remaining on the lease
Lease extension quote approx. £18,000 to reach 90 years
Mortgage lenders may refuse mortgages due to short lease
High local crime and very deprived area — consider risks
Fast broadband and excellent mobile signal, good school access
This compact one-bedroom flat occupies approximately 409 sq ft within a late-Victorian terrace on Ordnance Road, Enfield. The flat comes vacant and has recent improvements including new double glazing and a new gas central heating boiler, making it liveable straight away.
A major consideration is the lease: approximately 60 years remain. Many mortgage lenders have strict minimums and could refuse to lend on this term; a lease extension quote supplied by the seller is about £18,000 to extend to 90 years. Buyers should obtain independent legal and mortgage advice before committing.
The property suits a buyer seeking an affordable entry into Enfield or an investor prepared to manage lease and service arrangements. The location offers fast broadband, excellent mobile signal and reasonable access to local schools and bus services, but local crime levels and high area deprivation are notable and should factor into purchase and rental expectations.
Overall this is a low-cost opportunity with immediate occupancy and some modern comforts, best for a buyer who understands the lease issue and the likely additional cost to secure long-term mortgageability or to add value via a lease extension.
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