Property for sale in Cherry Blossom Close, London N13

The Property Company are pleased to present this fantastic opportunity to own a ground floor 2 bedroom flat in the popular Cherry Blossom Close development in Palmers Green.

The property comprises of 2 bedrooms, a reception with setback modern fitted kitchen and a well presented bathroom with electric shower, all offered in excellent condition. New UPVC double glazed windows have been installed, making the property secure and energy efficient. The service charge is paid up to May 2025 and the Ground rent is currently £110 per annum. The flat could be ideal for first time buyers or investors as it will net you an inflation beating 6.6% Gross Yield based on asking price. Currently let on a rolling 2-month tenancy to same tenants for 9 years.

The apartment is set in a lovely development, ideally located just a 15 minute walk to Palmers Green shops and amenities. It is close to schools, including the much sought after Oakthrope Primary School, making it ideal for young families. It is also close to transport links for bus routes and Moorgate mainline station. There are various bus/road routes including A406 and A10 to Wood Green/Arnos Grove underground stations. The property has had a recent lease extension to 125 years. Please call the Property Company to arrange a viewing.