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Lot 14 Sold: £212,000

11B Watford Way, Hendon, London NW4 3JL

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Lot 14   Click here for addendum

Residential Investment – 2 Bed Flat
6 Week Completion

Situation

Located within an established parade almost at the junction with Vivian Avenue and diagonally opposite Hendon Central Underground Station (Northern Line).
Nearby retail facilities include Costa Coffee, KFC, Domino's Pizza, NatWest, Subway and Papa John's as well as a host of local traders. In addition, Brent Cross Shopping Centre is only approx. 1 mile away.
Hendon is a popular suburb located approx. 8 miles north-west of central London.

Property

Forming part of an end of terrace building with separate front entrance leading to a Self-Contained 2 Bed Flat on the second floor. The property benefits from gas central heating as well as a separate rear entrance via Alderton Crescent.

Accommodation

Second Floor Flat (measurements to maximum points)
Bedroom 1 14'0" x 10'6"
Bedroom 2 11'2" x 5'6"
Living Room 14'4" x 10'6"
Kitchen 9'5" x 8'4"
Bathroom 6'7" x 5'11"
Separate WC

GIA Approx. 639 sq ft

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 189 years from 25th March 1999 at a peppercorn ground rent.

Tenancy

The property is let on an AST to 2 individuals for a term of 1 year from 25th April 2020 (in occupation since 2019) at a current rent of £13,680 per annum exclusive.

Note 1: The is a £1,315.38 Rent Deposit held.

VIRTUAL TOUR
Click here to view the Virtual Tour of the property.

Due to Government Guidelines we will try to accommodate all viewing requests, but in the first instance you are advised to view the virtual tour where available and/or any internal images on the Particulars before requesting a viewing. Each viewing slot will be for a specific period of time and you will be required to attend the viewing promptly and ensure gloves and a face covering are worn. Please observe social distancing while you are at the property. If you are experiencing any Coronavirus symptoms then please do not attend the viewing as you will not be allowed access into the property.

Enquire about this lot:

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

Photo of Nathan Schindler

Nathan Schindler
020 8492 9449
nschindler@barnettross.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.