Chain-free investment with immediate rental income in a popular North London neighbourhood.
Chain free two-bedroom ground-floor apartment
A compact two-bedroom ground-floor apartment in an attractive 1930s brick Art Deco block, offered chain free with a long lease (approx. 947 years) and a share of freehold. At about 572 sq ft, the flat delivers immediate rental income with tenants in situ and an advertised yield of around 5.8% per annum.
The apartment has a separate kitchen and a well-proportioned living room with neutral décor and period character. Communal grounds and a classic brick façade add street appeal in a sought-after Muswell Hill location, close to shops, cafés and East Finchley tube for central-London access. Several highly rated primary and secondary schools are nearby, adding local tenant demand.
For investors the key advantages are immediate income, long lease security and a share of freehold. Costs to note include an average service charge of £1,566 and a community mains-gas heating scheme. The property is relatively small and built with solid brick walls that are assumed uninsulated; this may affect energy performance and could require upgrading if owner-occupiers or future tenants demand higher efficiency.
The area is lively and well connected, but recorded crime levels are above average — something to weigh when positioning the property for future lettings. Overall, this apartment is a straightforward buy-to-let opportunity in a desirable North London neighbourhood, with potential for value uplift through cosmetic updating and energy-efficiency improvements.
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