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Although the surrounding areas may be, Wood Green itself is firmly resisting any attempts at gentrification.
(Saying that, the other weekend I was up there drinking craft beer whilst on a double decker bus that has been converted into a bar before heading across the road to the Japanese restaurant in the arts hotel)
That’s superb but like you say ground rent and short lease is a putter offer .
If you had spare cash and knew you weren’t going to live more than 70 years at time of purchase it could be good.
But then Wood Green is shite (when I lived there in 1993 it was) but may have been delified now