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Lot 18

6 Week Completion

Situation

Located within this popular residential area directly opposite the impressive Millbrook Park Residential Development and within close proximity to Waitrose, Virgin Active and a host of local shopping facilities on Bittacy Hill and Holders Hill Road.
Mill Hill East Underground Station (Northern Line) is within approx. 500 yards and Frith Manor Primary School is just over ½ mile distant.
Mill Hill East is a sought-after London suburb situated less than 8 miles north-west of central London benefitting from good road links via the A1 and North Circular Road.

Property

Comprising a Large Self-Contained 2 Bed Flat at second floor level which includes:
• 1 Designated Parking Space
• Gas Central Heating
• uPVC Double Glazing
• Entry Phone
• Washing Machine, Tumble Dryer, Fridge/Freezer

Accommodation (measurements to maximum points)
Second Floor Flat
Reception Room 19'9" × 11'2"
Kitchen 12'8" × 7'2" plus Utility Cupboard
Bedroom 1 13'10" × 8'1"
Bedroom 2 13'11" × 8'0"
Storage Room 7'2" × 4'3"
Bathroom
Separate WC
GIA Approx. 745 sq ft

VAT is NOT applicable to this Lot

Offered with VACANT POSSESSION

Tenure
Leasehold for a term of 125 years from 9th December 1999 (thus having over 105 years unexpired) at a peppercorn ground rent.

Note 1: The flat is currently let on an AST (now holding over) at £15,420 p.a. (£1,285 pcm) but the tenant will be vacating prior to completion - refer to the Special Conditions of Sale.

Note 2: Flat 73 (2 bed) sold for £325,000 in March 2017 (source: zoopla.co.uk).

*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.

Flat 137, Bray Road, Mill Hill East, London NW7 1SL