1 bedroom flat for sale

Oakfield Road, Southgate N14One-bed upper flat with pending planning to create a 2-bed/2-bath duplex + newly extended leaseKey featuresPlanning application submitted to extend into the loft and reconfigure as a two-bedroom, two-bathroom apartment — decision pendingLoft space demised to the upper flat in the new lease, with rights to carry out alterations as set out in the leaseLease extended to 189 years from 1969 — approx. 133 years remaining (expiring 2158)Currently a well-proportioned one-bedroom flat with strong add-value potentialPopular location close to Southgate amenities and transportDescriptionSet on sought-after Oakfield Road, this one-bedroom upper flat enjoys the rare advantage of the loft being demised to the property. A planning application is currently with the council to convert the loft and reconfigure internally, creating a spacious two-bedroom, two-bathroom layout (decision pending). The newly extended/varied lease includes provisions for the owner to carry out alterations, subject to the lease terms and statutory consents.A compelling opportunity for end-users or investors to unlock further value in a prime North London spot near Southgate's shops, cafés and transport links.Lease & tenureTenure: LeaseholdTerm: 189 years from 1969 (circa 133 years unexpired; expires 2158)Ground rent / Service charge: TBCImportant notesAny works will require compliance with planning, building regulations, and the terms of the lease including any necessary freeholder/landlord consents. Buyers should rely on their own enquiries and legal advice. EPC/Council Tax TBC.Portal summary (short blurb)One-bed upper flat with planning application submitted (decision pending) to create a 2-bed/2-bath duplex via loft conversion. Loft demised to the flat; extended lease ~133 years remaining. Superb Southgate location.

Tenure: Leasehold