Studio for sale

Flat 4, 62 Willoughby Lane N17

• Prime new listing. We are excited to present this Tenanted Studio Flat located within a prime location in London.
• Sales Evidence: **17, Blaydon Close, Tottenham, London N17 0TW sold for £210,000; Flat 15, Whittingham House, Northumberland Park, Tottenham, London N17 0QG sold for £156,898; 3, Blaydon Close, Tottenham, London N17 0TW sold for £190,000**
• This studio apartment is currently occupied with a rental income of £950pcm (£11,400 per annum), offering immediate cash flow for a buy-to-let investor.
• Set in a prime London location with excellent amenities and transport links, this is a readily lettable, turnkey investment with income from day one.
• This leasehold property is well maintained, benefits from professional management, and offers 87 years remaining on the lease.

Prime new listing. We are excited to present this Tenanted Studio Flat located within a prime location in London.

The property comprises a welcoming entrance, a practical hallway, a bright studio space and a well-presented bathroom.

This studio apartment is currently occupied with a rental income of £950pcm (£11,400 per annum), providing immediate cash flow from completion and making it an attractive turnkey opportunity for buy-to-let landlords. Based on current market rates, the property could reasonably achieve a market rent of £950 per month (£11,400 per annum) if re-let, further underlining its appeal as a readily lettable investment.

The property is situated in a prime location with excellent local amenities and convenient transport links close at hand, adding to its enduring tenant appeal and supporting hassle-free rental income from day one.

This leasehold property benefits from being well maintained and having long-standing tenants. The property has been kept in good condition and is professionally managed by an agent, with 87 years left on the leasehold agreement.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone seeking a straightforward purchase with excellent upside potential.

The leasehold interest also benefits from useful running costs information, with an average monthly ground rent of £75 and no average monthly service charge payable, which may enhance its attractiveness to cost-conscious investors.

Excellent sales evidence in the area: **17, Blaydon Close, Tottenham, London N17 0TW sold for £210,000; Flat 15, Whittingham House, Northumberland Park, Tottenham, London N17 0QG sold for £156,898; 3, Blaydon Close, Tottenham, London N17 0TW sold for £190,000**

This lot is open to immediate offers. Should you wish to offer now, you can do so via our "Offer now" button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

In addition to the price, on completion the buyer will also pay to the seller's
solicitors professional fees in the sum of £1,000.00 plus Vat

Location

Situated in Tottenham, this part of North London continues to attract strong interest from both owner-occupiers and tenants thanks to its excellent balance of convenience, connectivity and community feel. The area offers a wide range of everyday amenities including shops, supermarkets, cafés and leisure facilities, while nearby parks and green spaces provide welcome room to relax. Families and professionals alike are drawn to the area's established residential character and accessible transport options, with straightforward links into Central London and beyond, making it a practical and appealing place to live as well as a sensible area for long-term rental demand.

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