Beverley Drive, Edgware
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- 2 Bedrooms
- 1 Bathroom
- In need of modernisation
- Great investment opportunity
- Walking distance to Queensbury Station
- 78 Year Lease
Description
A two-bedroom, one-bathroom first floor flat located just moments from Queensbury Station, offering excellent transport links and local amenities. The property is in need of full modernisation throughout, presenting a superb opportunity for investors or buyers looking to add value.
Lease details: 125 years from 25 June 1979, with approximately 78 years remaining. A lease extension is available, typically adding a further 47 years and reducing ground rent to a peppercorn (£0.00), subject to valuation and freeholder terms.
Service charge is approximately £1,675 per 6 months, with a ground rent of £75 per 6 months.
A fantastic chance to refurbish and reimagine a well-located flat in a strong rental and commuter hotspot. Available to the market with offers considered.
A well-positioned two-bedroom, one-bathroom first floor flat located just moments from Queensbury Station, offering superb access to transport links, local shops and amenities. This property presents an exciting opportunity for buyers looking to modernise and add value in a highly convenient and increasingly popular location.
The flat is in need of full modernisation throughout, making it ideal for investors, developers, or owner-occupiers keen to create a bespoke home tailored to their own specification. With strong rental demand in the area and excellent connectivity, the upside here is clear.
Service charge is approximately £1,675 per 6 months, with a ground rent of £75 per 6 months.
The property benefits from a lease term of 125 years from 25 June 1979, leaving approximately 78 years unexpired. A voluntary lease extension is available, which would typically extend the lease back up to a new 125-year term, effectively adding around 47 years to the current remaining term. Under current legislation, the ground rent would convert to a peppercorn (£0.00) upon extension.
Please note, in order to progress a lease extension, a valuation by an external surveyor is required to determine the premium payable. The freeholder’s surveyor fee is £850 + VAT, payable by the lessee, and the resulting report is used to determine the terms of any offer, which would typically remain open for acceptance for two months.
Available to the market with offers considered, reflecting the scope to modernise and add value.
Brochures
Beverley Drive, EdgwareBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Beverley Drive, Edgware
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
About Londinium Residential, Stanmore
Hollycroft Common Road, Bushey Heath, Stanmore, HA7 3HX
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 34712150. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Londinium Residential, Stanmore. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.