199 Northstand Apartments, Highbury Stadium Square, LONDON, London, N5 1FN

Description

Leasehold first floor flat Location: The property is located in Highbury Stadium Square. Shopping amenities are available locally with a further range of amenities found within Central London lying to the south. Public transport links are available at Arsenal London Underground Station (Piccadilly Line) located to the west and at Finsbury Park Station lying to the north along with a network of local bus services serving the surrounding areas. The property is served by road links including the A1201 located to the east and the A1 lying to the west. Recreational pursuits can be found at Gillespie Park located to the north. Accommodation: One bedroom, reception room open plan to kitchen, bathroom/wc Outside: Communal gardens EPC Rating: B Council Tax Band: D Lease: Held on a lease for a term of 254 years (less 6 days) from 01/01/2007 at a ground rent of £300 per annum. To view: 28/8 10am, 5/9 at 12pm No booking required – Please arrive at the time stated

Location

The property is located in Highbury Stadium Square. Shopping amenities are available locally with a further range of amenities found within Central London lying to the south. Public transport links are available at Arsenal London Underground Station (Piccadilly Line) located to the west and at Finsbury Park Station lying to the north along with a network of local bus services serving the surrounding areas. The property is served by road links including the A1201 located to the east and the A1 lying to the west. Recreational pursuits can be found at Gillespie Park located to the north. Accommodation: One bedroom, reception room open plan to kitchen, bathroom/wc Outside: Communal gardens

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £10,000–£25,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

The auctioneer-published rent identified in the source is approximately £300 per annum.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆