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Lot 49 Click here for addendum

6 Week completion

SITUATION

Located close to the junction with Edgwarebury Lane and Hale Lane amongst a variety of local supermarkets, shops, cafes and restaurants and just a short walk to the Broadwalk Shopping Centre and Edgware Underground Station (Northern Line) and Bus Station.
Edgware is a popular and sought after London suburb located approximately 10 miles north-west of central London.

PROPERTY

Forming part of a terraced building comprising a Self-Contained 1 Bed Flat on the second floor and accessed via a rear entrance off Heronsgate. The flat benefits from gas central heating and uPVC double glazing and will be offered part furnished to include:
• Fitted kitchen
• Fridge/Freezer
• Oven/hob
• Washing Machine

ACCOMMODATION

Second Floor Flat
Bedroom 10'4” × 13'0”
Living Room 11'10” × 15'10”
Kitchen 7'0” × 15'11”
Bathroom/WC

GIA Approx. 567 sq ft

VAT is NOT applicable to this Lot

TENURE

Leasehold for a term of 189 years (less 10 days) from 25th March 1935 (thus having approx. 1071/2 years unexpired) at a peppercorn ground rent.

TENANCY

The property is let on an Assured Shorthold Tenancy to 2 individuals for a term of 6 months from 21st May 2015 (Holding Over) at a rent of £10,800 per annum (£900 pcm) exclusive.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

17 Portsdown, Station Road, Edgware, Middlesex HA8 7LE