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£525,000

Somerford Grove Estate, London, N16

  • 2 beds
Flat

£525,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£2,397 per month

Minimum deposit amount:

£26,250
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Nestled within the highly sought-after Somerford Grove Estate, this well-presented two-bedroom flat presents a compelling opportunity, ideal for first-time buyers aiming to establish themselves on the property ladder or astute investors seeking a prime rental prospect. Situated on the first floor, the property is thoughtfully laid out, featuring two generously proportioned bedrooms, a separate bathroom and WC, and a spacious living area that seamlessly flows onto a private west-facing balcony, offering a delightful spot to soak in the afternoon and evening sunshine. While the flat is ripe for modernization, allowing a buyer the exciting chance to infuse their own style and add significant value through refurbishment, its inherent potential is undeniable. The intrinsic appeal of this residence is further amplified by its exceptional location. Residents will enjoy straightforward access to a comprehensive array of amenities and services that cater to every need and desire. Public transportation is readily available, ensuring effortless commutes and connectivity to the wider city. Esteemed educational institutions, including Benthal Primary School and Nightingale Primary School, are within easy reach, as are prestigious universities such as The Johns Hopkins University Foundation and Cornell University Foundation, making it an attractive proposition for families and academics alike. The vibrant neighbourhood boasts a lively atmosphere with supermarkets, diverse dining establishments, essential healthcare services, fitness centers, and a wealth of entertainment options contributing to its undeniable desirability. Moreover, the property benefits from its proximity to Stoke Newington's bustling High Street, a short walk away, brimming with charming cafes, diverse restaurants, and unique boutique shops. For those seeking relaxation and recreation, the verdant open spaces of Clissold Park and Hackney Downs Park are also conveniently nearby. Excellent transport links are a significant advantage, with Dalston Kingsland and Junction Stations (Overground), Rectory Road (Overground), and numerous bus routes providing swift access into both The City and the West End, further solidifying this property's prime positioning. Presented with no onward chain, this is a truly exceptional chance to acquire a well-located and promising property.

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£2,397 per month
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Stamp Duty tax
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£5,000
Mortgage and legal costs:
£999
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