Studio for sale

Elwood Street, London N5

Studio Apartment – Elwood Street, London N5

This well-presented studio apartment offers an excellent opportunity for first-time buyers, investors, or those seeking a convenient London base. The property is offered chain free with a long leasehold of approximately 115 years, providing peace of mind for years to come. Annual service charges are £1,636 per annum, with a nominal ground rent of £10 per annum, making this a cost-effective and straightforward purchase.

The flat benefits from a surprisingly bright and airy feel. The main living area is a good size, offering flexible space for both living and sleeping arrangements. A built-in kitchen is neatly incorporated into the room and features practical work surfaces and a tiled splashback. High ceilings enhance the sense of space, while natural light filters in to create a comfortable and welcoming atmosphere.

The accommodation also includes a bathroom with shower and sink, together with a separate WC, adding convenience and practicality. The property has been well maintained and features a very secure entrance door, providing added reassurance.

Parking is available on the street with the appropriate local authority permit, and the building is well positioned for easy access to transport links and amenities.

Location

Elwood Street is ideally located in the heart of N5, a popular and vibrant part of North London. The surrounding area offers an excellent selection of local shops, cafés, and restaurants, along with green open spaces such as Highbury Fields and Clissold Park. Transport connections are superb, with nearby bus routes and underground and overground stations providing quick and easy access into the City and West End. The location combines a strong community feel with the convenience of central London living.

This appealing studio flat represents a fantastic opportunity to acquire a practical, low-maintenance home in a highly desirable area.

Viewing is highly recommended to fully appreciate the size and potential of this property.

Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably. Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria.

Exclusivity Fee:

You can secure the purchase today by paying an exclusivity fee of £2,000 which gives you the rights to purchase within a given timeframe. The exclusivity fee is returned to you upon successful completion of the property.

A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Paying this fee ensures that the seller takes their property off the market and reserves it exclusively for you, therefore eliminating the risk of gazumping and aborted costs.

Disclaimer

The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order. Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc. Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s). No assumption should be made with regard to parts of the property that have not been photographed. Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries. Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact. Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.

Studio (4.93m x 4.24m)