No longer on the market
This property is no longer on the market
Floorplans (
Map1 bedroom flat
Auction
Flat
1 bed
Key information
Tenure: Leasehold | 70 yrs left
Ground rent: £100 per annum | review period: unconfirmed
Service charge: £1,600 per annum
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
Guide Price = £180,000+
*For Sale By Online PublicAuction 21st May 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £9,600 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from March 1996 (thus approximately 71 years unexpired).
Location
The property is located on a quiet residential road within easy access of local shopping and transport facilities. Transport links into Central London are provided by High Barnet underground station (Northern line) and New Barnet rail station.
Description
The property comprises a first floor spacious one bedroom flat situated within a purpose built building arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom with En Suite
Separate WC
Accommodation
Exterior
The property benefits from access to communal gardens an allocated parking space.Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 12 months (with a 6 month break clause) commencing March 2024 at a rent of £800 per calendar month.
Note
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.
EPC Rating
C
Please contact [use Contact Agent Button] to book a viewing
Monday 20 May 2024 4:00 PM - 16:30
Addendum
Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.
*For Sale By Online PublicAuction 21st May 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £9,600 Per Annum
Tenure
Leasehold. The property is held on a 99 year lease from March 1996 (thus approximately 71 years unexpired).
Location
The property is located on a quiet residential road within easy access of local shopping and transport facilities. Transport links into Central London are provided by High Barnet underground station (Northern line) and New Barnet rail station.
Description
The property comprises a first floor spacious one bedroom flat situated within a purpose built building arranged over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom with En Suite
Separate WC
Accommodation
Exterior
The property benefits from access to communal gardens an allocated parking space.Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 12 months (with a 6 month break clause) commencing March 2024 at a rent of £800 per calendar month.
Note
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.
EPC Rating
C
Please contact [use Contact Agent Button] to book a viewing
Monday 20 May 2024 4:00 PM - 16:30
Addendum
Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.