Set on the second floor in this purpose built block is this very well proportioned one bedroom flat which is in need of modernisation. The property benefits from a spacious living room which leads onto the kitchen area, a fitted bathroom, double glazing and gas central heating.
We have been advised that the remaining lease is approximately 103 year remaining with a ground rent of £10 per annum and the annual service charge is in the region of £1440.
Terrick Road is a quiet and sought after residential road with easy access to Alexandra Palace Railway Station and only a short walk back to the vibrant Wood Green shopping area with all its bars, restaurant, coffee shops and excellent transport links which includes the underground station.
The vast green spaces of Alexandra Park are just around the corner where you can enjoys walks along with the farmers market on a Sunday with a vast array of different cuisines. Trendy Crouch End and Muswell Hill are also nearby where you will find plenty of independent boutiques and eateries.
In our opinion this property once modernised will make a perfect home and would be ideal for a first time buyer. The property is being offered on a chain free basis and viewing is highly recommended.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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