Warwick Road, London, N11

Situated on the third floor of a purpose built mid-century block in a great location a couple of minutes from Bounds Green tube station, this former buy to let three bedroom apartment has the potential to be a stunning and spacious two bedroom penthouse.

PROPERTY DESCRIPTION

In its current configuration this c.850 sq ft property comprises a large living room, a kitchen/diner, three bedrooms and two bathrooms, one of which is a shower room en suite to the main bedroom. The layout maximises the space available, with the entrance stair opening straight into the kitchen/diner which in turn leads to the living room from which all three bedrooms and the main bathroom are accessed. Several rooms have built-in eaves storage

The property is in excellent condition throughout, with mainly white walls complemented by some wood finishes (eg the doors, kitchen worktop and dining bench) and pale grey flooring – carpet in the living room and bedrooms, wood laminate in the kitchen/diner, and tiling in the bathrooms. All windows and skylights are double glazed, and the radiators are electric. The position of the apartment on the third floor and the plentiful skylights ensures that the whole space is flooded with natural light, supplemented at night by downlighters.

The c.24ft by 11’4” living room has a wide south facing picture window with far-reaching views and ample space for a couple of sofas. The adjacent kitchen has contemporary handless fitted floor cabinets with integrated appliances, a skylight above the sink, and a cosy dining area with built-in bench seating and storage.

All three bedrooms are doubles with skylights, and the main bedroom has plenty of character with a slightly lower level that easily accommodates a kingsize bed and dressing table. The en suite shower room and main bathroom both feature large metro tiles and contemporary white sanitaryware. The main bathroom has a mixer shower above the bath, and good natural light and ventilation thanks to a large picture window.

Originally a luxuriously spacious one bedroom loft apartment, the property was converted by the current owner to a three bedroom property to maximise rental income. The property remains a good rental investment but also has the potential to be returned to its original layout or converted into it to a two bedroom, two bathroom unit with a much larger living room than at present, potentially adding value. Alternatively, the property benefits from two separate stairwell entrances, meaning there may be potential to explore the creation of two one-bedroom flats, subject to the necessary consents and permissions.

The property has a 165- year lease, no ground rent, and a current year service charge of £1,500.

LOCAL LIFE

Lying opposite the open space of Bounds Green the apartment is at the heart of this popular neighbourhood, and a mere couple of minutes’ walk from the tube station local shops, cafes, and pubs.

Bounds Green tube station on the Piccadilly Line is literally around the corner, about 300 metres from property. Access to the road network is also excellent with the North Circular Road nearby.

There are lots of local shops and services along Bounds Green Road, the town centre of Wood Green with its shopping mall and many amenities is just one tube stop away, and villagey Muswell hill is a ten-minute drive.