Property Auctions London, Property Auctioneers London, London Property Auctions, Property Auctions London

Lot 28

Leasehold Vacant 1 Bed Flat
On the instructions of The London Borough of Islington
6 Week Completion

Situation

Located directly off Sussex Way within a gated cobbled mews development in this popular and sought after area and in close proximity to the various shopping facilities and restaurants in Hornsey Road and Holloway Road. The area is well served by various bus routes and is near to Archway Underground Station (Northern Line) and both Crouch Hill and Upper Holloway Overground Stations.
Upper Holloway is within easy reach of Crouch End and Finsbury Park and is well located for both the City and West End.

Property

Forming part of this mews development comprising a 1 Bed Self-Contained Flat on the second floor in need of modernisation. The property includes:
• A Juliette balcony over the mews courtyard
• High ceilings
• Entryphone
• Double glazing

VAT is NOT applicable to this Lot

Accommodation

Second Floor Flat (measurements to maximum points)
Reception Room 19'2" x 13'11"
Bedroom 13'3" x 10'8"
Kitchen 9'10" x 6'2"
Bathroom/WC 7'5" x 5'1"

GIA Approx. 576 sq ft

Tenure

Leasehold for a term of 999 years from 29th September 1998 at a current ground rent of £125 p.a. rising - refer to lease.

Offered with Vacant Possession

Note 1: Flat 9 Eddison Court (1 bed flat) sold in September 2019 for £340,000 (source: www.zoopla.co.uk) .

VIRTUAL TOUR
Click here to view the virtual tour of 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.

Flat 22 Eddison Court, 253 Sussex Way, Upper Holloway, London N19 4DW