Lot A
IN SAME FAMILY OWNERSHIP SINCE 1978
6 WEEK COMPLETION
3 Victorian Mid Terraced Houses (part HMO) comprising a variety of Self-Contained Flats and Rooms each let on ASTs
SITUATION
Located in this popular and highly sought after residential area just a short walk from Seven Sisters Road and the open spaces of Finsbury Park as well as Arsenal's Emirates Stadium. In addition, Finsbury Park Rail (Main Line, Victoria and Piccadilly Lines) and Bus Stations lie within a ½ mile providing easy access into central London just 3 miles to the south.
PROPERTY
3 attractive Victorian Mid-Terraced Houses (part HMO), each planned on lower ground, raised ground, first and second floors together with a large Rear Garden and comprising:
No. 105:
1 Self-Contained Flat
6 Rooms
Plus Kitchens & Bathrooms/WCs
No. 107:
1 Self-Contained Flat
6 Rooms
Plus Kitchens & Bathrooms/WCs
No. 109:
2 Self-Contained Flats
4 Rooms
Plus Kitchens & Bathrooms/WCs
Total GIA of Nos. 105, 107 & 109 Approx. 10,500 sq ft
Floor plans available from Auctioneers.
VAT is NOT applicable to this Lot
FREEHOLD
Note 1: A ground floor 2 bed flat at No. 69 Queens Drive was recently sold on a long lease for £690,000.
Note 2: If requested by the Purchaser, the Vendor will serve Section 21 Notices requesting possession upon all or any of the tenants at any time prior to completion without any liabilities or responsibilities on the part of the Vendor.
Note 3: The 3 freeholds are owned by 3 different companies and, after exchange of contracts and receipt of cleared deposit funds, the Vendor would be willing to discuss with the Purchaser the possibility of the sale to them of the 100% shareholding in the companies. This is without any commitment or responsibilty to do so and in no way does this affect the obligation of the Purchaser to complete the purchase in accordance with the Auction Contract.
Note 4: We understand that 1/2% Stamp Duty applies to the purchase of shares and NIL if the properties are purchased by a registered charity.
