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Offers in region of

£390,000

1 bed flat for sale
Oakfield Road, Southgate N14

    • 1 bed

    • 1 reception

  • EPC Rating: D

Nicholas James

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About this property

    Oakfield Road, Southgate N14
    One-bed upper flat with pending planning to create a 2-bed/2-bath duplex + newly extended lease

    Key features

    Planning application submitted to extend into the loft and reconfigure as a two-bedroom, two-bathroom apartment — decision pending

    Loft space demised to the upper flat in the new lease, with rights to carry out alterations as set out in the lease

    Lease extended to 189 years from 1969 — approx. 133 years remaining (expiring 2158)

    Currently a well-proportioned one-bedroom flat with strong add-value potential

    Popular location close to Southgate amenities and transport

    Description
    Set on sought-after Oakfield Road, this one-bedroom upper flat enjoys the rare advantage of the loft being demised to the property. A planning application is currently with the council to convert the loft and reconfigure internally, creating a spacious two-bedroom, two-bathroom layout (decision pending). The newly extended/varied lease includes provisions for the owner to carry out alterations, subject to the lease terms and statutory consents.

    A compelling opportunity for end-users or investors to unlock further value in a prime North London spot near Southgate’s shops, cafés and transport links.

    Lease & tenure

    Tenure: Leasehold

    Term: 189 years from 1969 (circa 133 years unexpired; expires 2158)

    Ground rent / Service charge: Tbc

    Important notes
    Any works will require compliance with planning, building regulations, and the terms of the lease including any necessary freeholder/landlord consents. Buyers should rely on their own enquiries and legal advice. EPC/Council Tax tbc.

    Portal summary (short blurb)
    One-bed upper flat with planning application submitted (decision pending) to create a 2-bed/2-bath duplex via loft conversion. Loft demised to the flat; extended lease ~133 years remaining. Superb Southgate location.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Nicholas James. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Nicholas James for full details and further information.