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Lot 20

Vacant 2 Bed Flat
By order of Executors
6 Week Completion

Situation

Located close to the junction with Prospect Road in this sought after residential area and overlooking Highlands Gardens and approx. ¾ mile from High Barnet Underground Station (Northern Line) and New Barnet Station (Overground).
New Barnet is a popular north London suburb located between High Barnet and Whetstone some 11 miles from central London, enjoying excellent access to the M25 (Junction 23).

Property

Forming part of a purpose built 3 storey apartment block comprising a Self-Contained 2 Bed Flat on the second floor together with a Garage with an up-and-over door. The flat has been completely redecorated to include new carpet throughout and benefits from:

• South-east aspect balcony with views over Highlands Gardens.
• Entryphone
• Gas central heating
• Fitted bedroom wardrobes

Accommodation

Second Floor Flat (measurements to maximum points)
Bedroom 1 13'3” × 11'6” with ensuite Bathroom/WC
Bedroom 2 16'10” × 9'4”
Living Room 18'4” × 13'11” leading to Balcony
Kitchen 11'4” × 6'9”
Shower Room/WC

GIA Approx. 825 sq ft plus Balcony

Plus Garage 20'4” (max) × 7'8” (max)

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 125 years from 1st April 1983 (thus having approx. 87 years unexpired) at a fixed ground rent of £10 p.a.

Offered with Vacant Possession

Note 1: If required at the request of the Purchaser, the Vendor will serve the s.42 Notice on the Freeholder to extend the lease for an additional 90 years. Marriage Value will not apply in this instance as the lease has an unexpired term of over 80 years.

Note 2: Extensive works have recently been carried out to the Block for replacement electrical rising mains, communal & emergency lighting and associated works for which the Vendors have paid an appropriate share of the cost.

Note 3: No. 2 The Highlands (2 bed flat) sold for £385,000 in Dec. 2015.

VIRTUAL TOUR

Click here to view the Virtual Tour of the flat.

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:

*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.

16 The Highlands, Abbotts Road, New Barnet, Hertfordshire EN5 5DR