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Lot 12 Click here for addendum

BY ORDER OF EXECUTORS
IN SAME FAMILY SINCE 1962
6 Week completion

SITUATION

Located in this exclusive part of Hampstead, only a few yards from Heath Street and Hampstead High Street as well as Hampstead Underground Station (Northern Line). Hampstead Heath is within a short walk and the West End is barely 3 miles to the south with excellent views from the upper floors.

PROPERTY

(Plans available from Auctioneers)
A late Victorian semi-detached house believed to have been built for the Post Master General (the Duke of Norfolk in 1895) and later converted into 5 Self-Contained Flats each with gas central heating.
In addition, there is a small Front Garden with Car Parking for 1 car and a 92 foot Rear Garden.

VAT is NOT applicable to this Lot

TENURE

Leasehold for a term of 67 years from 29th September 1962 (thus having nearly 12 years unexpired) at a fixed ground rent of £100 p.a. excl. on a full repairing and insuring lease.

Note 1: The Vendors will, after exchange of contract and prior to completion, serve any Notices drafted by the Purchaser's solicitor upon the Freeholder in order to Enfranchise the Freehold (see Special Conditions).

Note 2: The Leaseholder insures.

Note 3: The adjoining property at No. 14 (which includes an extra section of land) is for sale at £7,250,000.

*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.

12 Prince Arthur Road, Hampstead, London NW3 6AU