Somerset Gardens, Tottenham

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£260,000

Home Buyer Report for Somerset Gardens, Tottenham

Get to know this home before you view. One report brings together the listing, property records and local sold prices, so you know what to look out for, what to ask and what to offer.

What's included

  • Condition, read from every photo and the floorplan
  • Where the listing contradicts the records
  • Sold prices on the street and nearby comparables
  • Planning history, here and next door
  • Council tax, stamp duty and what upgrades would cost
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Bedrooms
2
Bathrooms
1
Living Spaces
-
Type
Flat
Ownership
Leasehold
Area
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Price per area
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Floorplan & Rooms

Floorplan
No Floorplan
Bedrooms
2 Bedrooms
Bathrooms
1 Bathroom
Living Spaces
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Features

Laminate Flooring
Late Modern
Move in Ready

Information

Lease Information
Lease Expiry
63 years
Service Charge
£120 /month

Description

Relocation Homes are pleased to offer this well-kept two-bedroom flat, situated within the popular Somerset Gardens development in Tottenham.
Please note: this property is particularly suited to investors. The flat currently has approximately 63 years remaining on the lease, and prospective purchasers should make their own enquiries regarding the potential for a lease extension and the associated costs and eligibility before proceeding.
The property is currently achieving £1,700 per calendar month in rent, providing an established rental income for an investor. The existing rental position, combined with the property's two-bedroom accommodation and convenient location, makes this an attractive opportunity for a buyer looking to acquire an income-producing property.
The flat itself has been very well kept and maintained, offering practical two-bedroom accommodation in a residential development.
The location is a major selling point. White Hart Lane Station is approximately 0.25 miles away, providing convenient London Overground connections, while Silver Street Station is approximately 0.7 miles away and Bruce Grove approximately 0.9 miles away.
There is a good selection of local shops and everyday amenities within easy reach, with the wider White Hart Lane and Tottenham High Road areas providing supermarkets, independent shops, cafés, restaurants and other services.
For families and tenants, the property is also conveniently positioned for local schools. The Devonshire Hill Nursery & Primary School is approximately 0.25 miles away, Lancasterian Primary School approximately 0.3 miles, and St Francis de Sales Catholic Junior School approximately 0.35 miles. Duke's Aldridge Academy is approximately 0.55 miles away.
The property is also well placed for access to local parks and open spaces, while Tottenham's wider range of shopping, leisure and transport facilities is within easy reach.
With two bedrooms, a current rental income of £1,700 pcm, a well-kept presentation and excellent transport connections, this represents a strong proposition for an investor seeking an established rental property.
IMPORTANT: Due to the approximately 63-year lease, purchasers should obtain independent legal and financial advice and investigate lease extension options, costs and lending criteria before making an offer.
Early viewing is highly recommended.
Tenure: Leasehold (63 years)
Service Charge: £120 per month
Parking options: Residents

Estate agent

Relocation Homes

Location

Urban
defined as 'urban major conurbation'
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The information provided within this property listing is accurate to the best of our knowledge and research. Please see details of how we gather information in paragraph 3 of our T&Cs.

Please contact the appointed agent, or the vendor, for any missing information and to ensure the accuracy of all details. It is essential that you carry out your own Due Diligence in relation to any property purchases.

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