July 29th 2024.
Are you in the market for a fixer-upper? From underground bunkers to charming boathouses, the UK has no shortage of unique and unconventional options for those looking to get on the property ladder. And now, a basement flat in the cozy North London neighborhood of Crouch End has just hit the market for a steal at £159,000.
You might be thinking, "That's quite a bargain for London!" And you'd be right. According to Gov UK data from May 2024, the average cost of a London property was a staggering £523,000, compared to a more modest £209,000 in the Yorkshire and Humber region. But as with any good deal, there's a bit of a catch. This particular flat is in need of some serious TLC and is currently uninhabitable.
But don't let that deter you just yet. This "self-contained basement" already has its own front door, making it a promising project for anyone willing to take it on. However, it will require a full refurbishment and may need special permissions in order to be considered a proper flat. But hey, at least there's already a toilet in there, though it's unclear if it's connected to any plumbing.
Despite being advertised as a studio, the property seems to have multiple rooms, though the exact square footage is not listed in the ad. But location-wise, it's a dream come true. Just a stone's throw away from the vibrant Crouch End Broadway, and tucked behind the iconic Clock Tower, this flat is in a prime spot for both city buzz and quiet living.
For commuters, it's a dream location as well, with Hornsey Station just 0.5 miles away and Crouch Hill 0.8 miles away. There's also a bus stop nearby that offers easy access to Finsbury Park. And for those needing to hop on the Piccadilly Line, Turnpike Lane is approximately a mile away.
This split-level basement has the potential to be transformed into a stunning living space. But Crouch End isn't just a great place to live, it's also a cultural hub. The neighborhood is home to two cinemas and hosts the annual Crouch End Festival, which features poetry readings and live music.
It's no wonder that Crouch End was ranked one of the best places to live in London by The Times in their Best Places to Live 2024 Guide. With its charming brunch spots and quaint charity shops, it's a popular area for both young professionals and families alike.
And locals seem to love it too. In a Reddit thread dedicated to all things Crouch End, one user wrote, "Crouch End is a North London middle-class haven. You can find a Waitrose, Budgens, and M&S all on the high street, and there are even 11 fancy hairdressers in the area. But the best thing about Crouch End is its friendly village vibe, with all the amenities you could want within a 5-10 minute walk."
So why wait? If you're up for the challenge of putting on a hard hat and some high-vis gear, you could become a part of this bustling and welcoming community for a fraction of the usual cost. Do you have a story to share? Get in touch by emailing us at [email address].
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