1 bed flat

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1 bed flat

Somerset Garden, Creighton Road, London N17
£225,000

Price History

Initial price £240,000
24/07/25 £225,000
Price Change -6.25%

Description

This double bedroom second-floor apartment is being sold by Chase Residential in the popular Somerset Gardens development. The property features an intercom entry system, well-proportioned lounge, double bedroom, bathroom suite, and fully fitted kitchen with white goods. It also benefits from double glazing, laminated flooring, electric heating, and an allocated parking space for one car. The lease has 163 years remaining, and the ground rent increases every 10 years in line with RPI. The property is currently on an AST with an annual income of £16,800, and can be purchased with a tenant in situ or on vacant possession. Located in a regeneration zone, the property has excellent transport links and is close to well-regarded schools, amenities, and a growing local community. The area is also undergoing significant developments, including new shops, restaurants, and a public square, making it an attractive location for young professionals. The property is an ideal purchase for a first-time buyer or buy-to-let investor.