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Apartment in North London on a 10 year payment term.

No mortgage required.

Use the rental income to help you pay off the balance.

Busy location with lots of transport links nearby.

Easy access to Central London.

Who is looking at this property?

Apartment in North London

10 year payment term. 

No mortgage required.
No interest payable.

Use the rental income to help you pay off the balance.

Priced at £285,000.
Payment terms: £975 per month for 10 years, totalling £117,000.
Then a balloon payment of £168,000 at the end.

Or pay off earlier if you prefer.
Currently tenanted at £675 per month, potential to increase rent.
Could rent out for up to £1,067 per month based on LHA rates. 
Service charges £1,199 pa, including Ground Rent.

About the apartment: 

  • Studio Apartment

  • Ground Floor

  • Communal Grounds,Gardens and Parking

  • Purpose Built

  • Shower Room/WC

  • Entryphone

Location:

The apartment is located in Edmonton in North London.

Edmonton is a vibrant borough of London, situated in the north east of the city. It is bordered by the boroughs of Barnet, Haringey and Enfield, and is part of the London Borough of Enfield. The area is home to a range of cultural and historical attractions, from the Grade I listed All Saints Church to the Edmonton Green Shopping Centre.

 

Edmonton is the fifth most populous borough in London with a population of around 250,000. 

The area is well-connected to the rest of London and the UK, with both the Victoria and Piccadilly lines passing through the area. There are also frequent bus services, as well as the North London Line, which connects to the Overground network.

 

Edmonton is home to a number of parks and open spaces, including the Grade II listed Town Park, which was opened in 1883 and is one of the oldest parks in London. The borough also has a number of sports facilities, including a leisure centre, swimming pools, athletics tracks and football pitches.

North London is a thriving and vibrant area of the capital, the area is popular with families and young professionals, with excellent transport links to the rest of the capital, including the London Underground, Overground, and National Rail services. North London is also home to a range of popular attractions, including the iconic Alexandra Palace, Hampstead Heath, and Regent's Park. The area is known for its excellent shopping and entertainment options, with many popular high street stores and independent boutiques.

 

Overall, North London is an attractive and desirable place to live, offering a range of amenities and transport links, as well as beautiful parks and attractions.

Transport Links: 

  • 4 minutes to Edmonton Green Railway Station. 

  • 4 minutes to Meridian Water Railway Station. 

  • 5 minutes to Silver Street Overground Station. 

  • 8 minutes to White Hart Lane Overground Station. 

Education: 

  • 10 minutes to The College of Haringey, Enfield and North East London.

  • 20 minutes to University of East London. 

  • 20 minutes to Middlesex University London. 

  • 20 minutes to London Guildhall College. 

  • 25 minutes to London Metropolitan University. 

  • 25 minutes to Queen Mary University of London. 

  • 30 minutes to City, University of London. 

  • 30 minutes to the College of North West London. 

  • 35 minutes to the University of London. 

  • 35 minutes to University College London. 

  • 35 minutes to Birkbeck, University of London. 

  • 35 minutes to SOAS University of London. 

  • 38 minutes to London School of Economics. 

Hospitals: 

  • 6 minutes to North Middlesex University Hospital. 

  • 14 minutes to Whips Cross University Hospital. 

Key Locations: 

  • 25 minutes to Canary Wharf.

  • 25 minutes to the O2 Arena.

  • 30 minutes to Camden Town. 

  • 35 minutes to Marylebone. 

  • 35 minutes to City of London. 

  • 40 minutes to Covent Garden. 

  • 40 minutes to Soho. 

  • 40 minutes to Paddington. 

  • 45 minutes to Westminster. 

Airports: 

  • 25 minutes to London City Airport. 

  • 30 minutes to London Stansted Airport. 

  • 45 minutes to London Heathrow Airport. 

  • 1 hour 5 minutes to London Gatwick Airport. 

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