3 bed bungalow for sale

Green Road, London N20

Provisional Structure (details to be confirmed & negotiated)
Lease Option Price (Deposit) - £150,000
Completion - 36 Months
Completion Price - £500,000

This bungalow on Green Road, London, offers a unique investment opportunity through a lease option with a delayed completion agreement. Under this arrangement, the buyer will secure the property with an initial deposit, take responsibility for covering the outstanding mortgage payments, manage the property's upkeep, and have the option to purchase it outright at a pre-agreed price within 12 to 36 months.

Spanning 1,097 square feet, the property features two spacious reception rooms, three well-proportioned bedrooms, and two bathrooms, making it a versatile home for families or those seeking additional space. Built in 1935, it retains character while providing a blank canvas for modernisation and personalization. The potential to extend into the loft offers an excellent opportunity to enhance the living space and increase the property's value during the lease period.

This arrangement provides buyers with the flexibility to develop and add value to the property before completing the purchase, making it a strategic choice for those entering the London property market. With its charming appeal and significant potential for growth, this bungalow represents a rare and promising opportunity.