London studio flat could be yours for £265k - but it needs some work

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London studio flat could be yours for £265k - but it needs some work
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It’s rare to find a home for sale in London that’d leave you with change from £300k. But if you’re willing to put in the work, live in a tiny north London studio apartment, and renovate the entire place, it can be done...

From the front, it also looks like any quaint North London terrace. It’s the interior of the flat that’s in need of some TLC.The main room has a threadbare floor with what appears to be old underlay covering the boards.

Bubbled vinyl covers the kitchen floor, alongside some seriously busy floral wallpaper, and photos show wobbly shelving and kitchen units missing doors and drawers.In terms of appliances, there’s a gas cooker and grill tucked into the corner – but not much else. The location is a major selling point for the home. Essex Road and Highbury and Islington stations are nearby, as is Rosemary Gardens and Shoreditch Park for a spot of fresh air.The average value for a flat in the coveted N1 postcode is £673,161, and those sold recently on the same street have attracted sale prices of upwards of £700,000.

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